Passenger car: registrations down 1.1% nine months into 2011
Brussels, 18/10/2011 – In September, demand for new passenger cars was slightly up in the EU* (+0.6%), totaling 1,231,147 units
In September, demand for new passenger cars was slightly up in the EU* (+0.6%), totaling 1,231,147 units. No calendar effect occurred as the month counted the same number of working days as in September 2010.
Over nine months, 10,121,423 new cars were registered in the region, or 1.1% less than in the same period a year ago.
September results showed a slight increase of 0.6% in new car registrations in the EU*, supported by German demand. Germany was the only major market to post growth (+8.1%) while the downturn ranged from 0.8% in the UK to 1.3% in Spain, 1.4% in France and 5.7% in Italy.
From January to September, performances were diverse across the region, leading to an overall 1.1% decline. Looking at the largest countries, the UK (-5.0%), Italy (-11.3%) and Spain (-20.7%) all saw their markets contract, while France remained stable (+0.2%), and Germany posted a double-digit growth (+10.8%).
* EU27, data for Cyprus and Malta unavailable
- The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/.
- Contact: Francesca Piazza, Statistics Manager, firstname.lastname@example.org.
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About the EU automobile industry
- 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.
- Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €76.3 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €58.8 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 32% of total EU spending.