Passenger car: registrations in 2010 5.5% lower than in 2009
Brussels, 14/01/2011 – Over twelve months in 2010, the EU* market for new passenger cars declined by 5.5%, with a total of 13,360,599 new units registered throughout the year
Brussels, 14/01/2011 – Over twelve months in 2010, the EU* market for new passenger cars declined by 5.5%, with a total of 13,360,599 new units registered throughout the year. The 2010 results were marked by the ending of government fleet renewal schemes in many EU countries.
Registrations in December amounted to 1,009,638 units, 3.2% less than in December 2009. In December (-3.2%), demand for new cars declined significantly in Spain (-23.9%), Italy (-21.7%) and the UK (-18.0%). The French market remained stable (-0.7%) while the German expanded by 6.9%.
From January to December, the situation varied across the major markets, leading to an overall 5.5% downturn over 2010. Where Spain and the UK saw new car registrations increase by 3.1% and 1.8% respectively, Germany recorded a 23.4% decline. The Italian (-9.2%) and the French (-2.2%) markets also contracted. The biggest increase was observed in Ireland where the market grew by 54.7% after the sharp 62.1% drop in 2009. Bulgaria recorded the steepest downturn (-28.9%).
* EU27, data for Cyprus and Malta unavailable
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, 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.