Passenger car: registrations down 1.3% over eight months
Brussels, 16/09/2011 – After declining by 2.0% in July, new EU* passenger car registrations increased by 7.7% in August, recording growth for the third time in the year Eight months into 2011 a total of 8 888 793 new cars were registered in the growth for the third time in the year
After declining by 2.0% in July, new EU* passenger car registrations increased by 7.7% in August, recording growth for the third time in the year.
Eight months into 2011, a total of 8,888,793 new cars were registered in the EU*, or 1.3% less than in the same period a year ago.
In July, the EU* recorded 1,012,910 new cars, which is 2% less than in July last year. Looking at the largest markets, only Germany posted growth (+9.9%), while Italy (-10.3%), France (-5.7%), Spain (-4.0%) and the UK (-3.5%) all saw their markets decline.
August results were positive when compared to August 2011 (+7.7%). New EU* registrations totaled 753,709 in the month. Most markets expanded, including all the bigger ones. Germany (+18.3%), the UK (+7.3%), Spain (+5.9%), France (+3.1%) and Italy (+1.5%) all performed better than last year.
From January to August, 8,888,793 new cars were registered in the EU, or 1.3% less than in the first eight months of 2011.The main markets showed a mixed picture: Germany posted a double-digit growth (+11.2%), France remained stable (+0.4%), the UK was down 6.1%, Italy contracted by 12.0% and Spain fell by 22.2%.
* 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
- 13 million Europeans work in the auto industry (directly and indirectly), accounting for 7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.4 million – are in the automotive sector.
- Motor vehicles are responsible for €374.6 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €79.5 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.