Passenger car registrations: down 7.1% in first month of 2012
Brussels, 16/02/2012 – In January, demand for new cars dropped by 7.1% in the EU*, compared to the same month a year earlier
Brussels, 16/02/2012 – In January, demand for new cars dropped by 7.1% in the EU*, compared to the same month a year earlier. In total, 968,769 new registrations were recorded in the region*, with on average one more working day than in January 2011. Registrations varied per market: France (-20.7%) and Italy (-16.9%) recorded a double-digit downturn, while Spain posted a 2.5% growth. The German (-0.4%) and British (-0.0%) markets remained stable. The biggest contraction was noted in Portugal (-47.4%) and the largest increase in Romania (+86.4%).
* EU27, data for Malta unavailable
- The European Automobile Manufacturers’ Association (ACEA) represents the 14 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, JLR, Mercedes-Benz, Renault Group, Toyota Motor Europe, Volkswagen Group, 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, Senior Statistics Manager, firstname.lastname@example.org
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About the EU automobile industry
- 12.9 million Europeans work in the automotive sector
- 8.3% of all manufacturing jobs in the EU
- €392.2 billion in tax revenue for European governments
- €101.9 billion trade surplus for the European Union
- Over 7% of EU GDP generated by the auto industry
- €59.1 billion in R&D spending annually, 31% of EU total