Passenger car: registrations slip 0.8% in January-May
Brussels, 17/06/2011 – In May, new passenger car registrations increased by 7.1% in the EU*, bringing total registrations from January to May to 0.8% below those in the same period in 2010
Brussels, 17/06/2011 – In May, new passenger car registrations increased by 7.1% in the EU*, bringing total registrations from January to May to 0.8% below those in the same period in 2010. Since March 2010, when demand for new cars was up 11.0%, only the month of February had been positive (+0.9%). Up to May, a total of 5,885,631 new cars was registered.
In May, a total of 1,208,583 new cars was registered in the EU*. Registrations were up in Germany (+22.0%), France (+6.1%) and Italy (+3.6%), while the market contracted by 23.3% in Spain and 1.7% in the UK. Overall, most countries saw their demand for cars increase, leading to a 7.1% growth across the EU*.
Five months into the year, although a majority of EU markets expanded, important ones such as the British (-7.3%), Italian (-15.1%) and Spanish (-25.7%) contracted, leading to an overall 0.8% downturn. In absolute figures, Germany and France registered over a million vehicles from January to May, followed by the UK and Italy, with over 840,000 units.
* EU27, data for Cyprus and Malta unavailable
** Land Rover results in Jan-May 2011
- 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.