Passenger car: registrations down 1.4% in January
Brussels, 16/02/2011 – Registrations of new cars decreased by 1.4% in the first month of 2011 compared to the same month last year.
Brussels, 16/02/2011 – Registrations of new cars decreased by 1.4% in the first month of 2011 compared to the same month last year New registrations in the EU* reached a total of 1,041,650 units in January. Markets showed different movements across the region in January 2011 compared to January 2010, with the French (+8.2%) and German (+16.5%) markets posting growth, while the UK (-11.5%), Italy (-20.7%) and Spain (-23.5%) recorded a double-digit downturn. In absolute figures, Germany registered the most vehicles (211,056), followed by France (185,521), Italy (164,356), the UK (128,811), the Netherlands (75,174) and Spain (53,632). The largest contraction was observed in Greece (-63.3%), while Latvia expanded the most (+126.4%), rebounding from very low levels.
* 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, email@example.com.
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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.