Economic and Market Report: key takeaways about the EU auto industry – Quarter 2 2017
ACEA has published its Economic and Market Report for the second quarter of 2017, with the latest figures on the registration, production and trade of passenger cars and commercial vehicles, both in Europe and around the world.
This 28-page Economic and Market Report contains a wealth of information and can be downloaded by clicking here. Some of the report’s key takeaways include:
Passenger car registrations
- Over the first half of 2017, EU demand for cars increased by 4.7% (8 million units).
- Globally, 39 million passenger cars were sold in the first half of 2017 (+3.5%).
Drop in diesel sales offset by increase in petrol vehicles
- Petrol cars are now the most sold vehicle type in the EU‐15, with a 48.5% market share.
Alternative fuel vehicle registrations
- 417,894 cars with alternative powertrains were registered in the EU in the first half of 2017.
- Still, electrically‐chargeable cars only accounted for 1.2% of total EU sales.
Passenger car production
- So far in 2017, EU car production slowed down by 0.6% to reach 8.8 million units built.
- Representing 22.5% of global car production, the EU is still the largest producer after China.
Exports of passenger cars
- From January to June, the EU exported about 3 million cars worth around €63 billion.
Commercial vehicle registrations
- Commercial vehicle sales grew by 4.1% across the EU, with 1.2 million units registered.
Exports of commercial vehicles
- With a total export value of €5.4 billion, EU results were 5.5% higher than last year.
If you have any additional questions about this Economic and Market Report, please contact the ACEA Statistics department
This report’s information was presumed correct at the time of publication. ACEA is not responsible for any inconsistencies or errors in the data.
Reproduction of the content of this document is not permitted without the prior written consent of ACEA. Whenever reproduction is permitted, ACEA shall be referred to as source of the information. Quoting or referring to this document is permitted provided ACEA is referred to as the source of the information.