Passenger car: registrations down 7.4% in April
Brussels, 17/05/2010 – New passenger car registrations in Europe* fell by 7.4% in April compared to the same month last year
Brussels, 17/05/2010 – New passenger car registrations in Europe* fell by 7.4% in April compared to the same month last year.
Over the first four months of 2010 the market expanded by 4.8% compared to the same period a year ago, while shrinking by 11.6% in comparison to January-April 2008. The decline in April registrations, the first in ten months, is linked to the upturn in registrations last year when a growing number of markets had started to benefit from fleet renewal incentives.
In the first months of the present year, however, government support has ended or begun to fade out and the economic situation remains difficult. In absolute numbers, a total of 1,134,701 new cars were registered in the EU* in April. Of the largest markets, Germany registered the largest number of new cars (259,414 units) though new registrations declined the most (-31.7%) percentage wise, followed by Italy (-15.7%), the Czech Republic (-13.2%), Poland** (-11.9%) and Austria (-11.6%). The steepest decline was noted in Bulgaria (-50.8%). By contrast, markets expanded in France (+1.9%), the UK (+11.5%), Belgium (+20.3%) and Spain (+39.3%).
Four months into the year, a total of 4,809,647 new passenger cars were registered in the EU*, or 4.8% more than in the same period last year. Most of the larger markets increased registrations, ranging from +7.5% in Austria to +12.9% in France, +13.4% in Italy, +23.9% in the UK, +43.2% in Spain and +59.1% in Portugal. Germany (-25.5%) and Poland (-10.5%), however, recorded a decline.
* EU27, data for Cyprus and Malta unavailable
* Figures reported in Poland correspond to sales; registrations are lower by ca. 5% in April and lower by ca.6-7% YTD NB: Commencing with the January 2010 new passenger car registrations figures, the ACEA data sheets will provide new vehicle registrations in alphabetical order for the countries of the European Union, and no longer separate for Western-Europe (15) and new EU Member States (10)*. Results for the EFTA countries will continue to be reported separately. The monthly press releases will quote the ‘EU’ figures first, followed by the ‘total Europe’ figures, adding up the EU and EFTA figures.
- 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.