Passenger car: registrations up 9.2% over first quarter
Brussels, 16/04/2010 – In March, new car registrations in the EU* were 10.8% higher than in the same month of 2009
Brussels, 16/04/2010 – In March, new car registrations in the EU* were 10.8% higher than in the same month of 2009.
Over the first quarter of 2010 registrations rose by 9.2% compared to the first three months of last year. Registrations fell by 9.4% compared to the first quarter of 2008.
March 2010 counted on average one working day more than March 2009. Most major markets recovered ground compared to early 2009, reflecting the ongoing effect of government incentive programmes. In contrast, German registrations shrank by 26.6% to 294,375 units. In total, 1,637,478 new cars were registered in the EU. The UK accounted for almost 400,000 new cars, or 26.6% more than in 2009, thereby becoming the largest EU market this month. Registrations in Italy were up 19.6% and rose by 17.9% in France. Demand in Spain jumped by +63.1% compared to the low levels of 2009 (-38.7%), claiming fifth rank in absolute figures (124,756 units). Results in other European markets were mixed, with an increase by 40.6% in the Czech Republic and a drop by 53.3% in Hungary.
Over the first quarter of the year, 3,671,871 new passenger cars were registered in the EU, or 9.2% more than in the same quarter a year ago. Of the major markets, only Germany recorded negative results (-22.8%) while France (+16.9%), Italy (+23.3%), the UK (+27.3%) and Spain (+44.5%) all posted growth. In absolute figures, Germany ranked first (670,410 units), followed by Italy (666,231 units), the UK (611,548), France (594,720 units) and Spain (286,167 units).
* 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, 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.