Passenger car: registrations down 1.4% from January to November
Brussels, 16/12/2011 – In November, demand for new cars in the EU* decreased by 3.5%, amounting to 1,030,414 units
Brussels, 16/12/2011 – In November, demand for new cars in the EU* decreased by 3.5%, amounting to 1,030,414 units.
Eleven months into the year, a total of 12,157,119 new registrations was recorded, or 1.4% less compared to the period January-November 2010.
In November, Germany was the only major market to post growth (+2.6%). Downturn ranged from -4.2% in the UK to -6.4% in Spain, -7.7% in France and -9.2% in Italy. Overall, the EU market* was down 3.5% compared to the same month last year.
From January to November, new car registrations totaled 12,157,119 units in the EU*. While the German market expanded by 9.1%, results in France (-0.3%), the UK (-4.5%), Italy (-10.6%) and Spain (-18.8%) were all negative, leading to an overall 1.4% downturn in the region.
* 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.