Passenger car: registrations drop 6.4% in December, -1.7% in 2011
Brussels, 17/01/2012 – In December, new passenger car registrations in the EU* dropped by 6.4% to 953,108 units.
Brussels, 17/01/2012 – In December, new passenger car registrations in the EU* dropped by 6.4% to 953,108 units.
Over the year 2011, demand for new cars was decreased by 1.7%, bringing the total number of units registered at 13,111,209. Full-year registrations decreased for the fourth consecutive year.
In December, Germany was the largest market in units with 244,501 new registrations and the only major one to post growth (+6.1%). Spain (-3.6%) and the UK (-3.7%) recorded single-digit drops, while Italy (-15.3%) and France (-17.7%) faced a double-digit downturn.
In 2011, most of the significant markets declined, from -2.1% in France to -4.4% in the UK, -10.9% in Italy and -17.7% in Spain. Germany was the exception as demand for new cars grew by 8.8% over twelve months. It remained the largest market with a total of 3,173,634 new registrations, followed by France (2,251,669 units) and the UK (1,941,253 units).
* EU27, data for Cyprus and Malta unavailable
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About ACEA
- 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, fp@acea.auto.
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About the EU automobile industry
- 13.0 million Europeans work in the automotive sector
- 11.5% of all manufacturing jobs in the EU
- €374.6 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
