Passenger car: registrations rise 11.2% in October
Brussels, 16/11/2009 – In October, contrasting performances in Western Europe (+15.8%) and the new EU Member States (-36.9%) resulted in an overall growth of the European* new car market by 11.2% compared to a marked decrease (-14.4%) in October 2008. From January to October, registrations declined by 5%, amounting to 12,206,381 units.
Brussels, 16/11/2009 –In October, contrasting performances in Western Europe (+15.8%) and the new EU Member States (-36.9%) resulted in an overall growth of the European* new car market by 11.2% compared to a marked decrease (-14.4%) in October 2008. From January to October, registrations declined by 5%, amounting to 12,206,381 units. The month of October counted on average one working day less this year across the region.
In Western Europe, new car registrations totaled 1,200,861 units in October, or 15.8% more than in October last year, mostly led by an increase in the major markets and supported by fleet renewal incentives. British new car registrations expanded by 31.6%, the Spanish by 26.4%, the German by 24.1%, the French by 20.3% and the Italian by 15.7%. Portugal (+3.5%) and Austria (+2.7%) also increased registrations. Ten months into the year, results were down 3% with a total of 11,510,125 new vehicles registered. Only Germany (+25.9%), France (+4.2%) and Austria (+6.3%) recorded a plus. Demand for new cars decreased in Spain (-24.4%), the UK (-12.3%) and Italy (-3.9%).
In the new EU Member States, new car registrations dropped by 36.9% in October. The Czech Republic was the only country to post growth (+8.8%). Elsewhere, the downturn ranged from 8.4% (Poland) to 81.6% (Latvia). From January to September, the decline was 29.6% in the region. Slovakia (+13.5%), the Czech Republic (+8.1%) and Poland (+0.6%) saw their markets expand while all others contracted sharply.
* EU27 + EFTA, data for Cyprus and 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, email@example.com.
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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