Press Releases

Western Europe again with double-digit growth in August

Berlin, 15 September 2015

International passenger car markets: strong growth also in new EU countries – Labor Day effect in US – China slightly weaker – India picking up

In August the Western European passenger car market once again grew dynamically: sales increased by nearly 11 percent, following a rise of 9 percent in July. In the first eight months of 2015 sales climbed by 9 percent. New registrations in the new EU countries showed double-digit growth in August (+20 percent) for the third time in succession, with a year-to-date rise of just over 10 percent. The US market for light vehicles (passenger cars and light trucks) added 4 percent in the first eight months of the current year. The calendar affected the August figures because this year the Labor Day weekend, traditionally a good time for sales, comes in the month of September. This resulted in a slender fall (-1 percent) last month. China has increased by a good 4 percent this year, although slightly weaker demand (-2 percent) was recorded in the month of August.

In Western Europe, new passenger car registrations in August rose by almost 11 percent to 709,000 new vehicles. All the top five markets expanded strongly. Double-digit growth was seen in Spain (+23 percent), Italy (+11 percent), the United Kingdom (+10 percent) and France (+10 percent). New registrations in Germany climbed by a good 6 percent. The clear growth trend also continued on the smaller Western European car markets. It reached double figures in Ireland (+32 percent), Portugal (+22 percent), the Netherlands (+22 percent), Greece (+21 percent), Switzerland (+18 percent), Finland (+12 percent), Denmark (+11 percent), Sweden (+11 percent) and Norway (+10 percent). This year so far, the overall market volume in Western Europe has increased by nearly 9 percent to exceed 8.7 million new cars.

New passenger car registrations in the new EU Member States grew by around 20 percent in August to reach 72,700 new cars. Double-digit growth rates were recorded in Cyprus (+42 percent), the Czech Republic (+31 percent), Slovakia (+29 percent), Lithuania (+25 percent), Slovenia (+21 percent), Poland (+18 percent) and Romania (+16 percent). Since January 2015, 658,400 passenger cars have been newly registered in the new EU countries (+10 percent).

On the US market for light vehicles (passenger cars and light trucks), the August volume totaled around 1.6 million units, with a tiny year-on-year fall of 1 percent. The Labor Day effect held the statistics back but the keen sales associated with the holiday will benefit the September figures this year. The light vehicle market for the year-to-date has grown by almost 4 percent to around 11.6 million units.

The Chinese passenger car market contracted by 2 percent in August, to just over 1.3 million new vehicles. Cumulative sales of new cars for the first eight months of this year come to a good 12 million units, which is more than 4 percent up on the same period last year.

In Japan, new passenger car registrations fell by nearly 4 percent in August, to 271,400. The year-to-date market volume totals a little less than 2.9 million new cars, which is more than 11 percent down on last year.

The Indian new car market expanded in August. Around 222,500 passenger cars were sold in India – a rise of 4 percent on the same month last year. Since January vehicle sales have increased by almost 6 percent, reaching 1.8 million units.

In Russia sales of light vehicles continue to decrease. August sales amounted to 138,700 vehicles, which is over 19 percent down on August 2014. So far this year sales of light vehicles have reached around 1.1 million units, losing more than one third (-34 percent) compared with the same period in 2014.

The downward trend on the Brazilian light vehicle market also continued last month. New registrations collapsed by 23 percent, falling to a total of 200,100 units. From January to August 2015, the volume of new registrations lost more than one fifth to just under 1.7 million vehicles.

New Passenger Car Registrations/Sales

  August 2015 January - August 2015
  Units Change 15/14 in % Units Change 15/14 in %
Europe (EU28+EFTA)* 781.700 11,5 9.382.200 8,6
  European Union (EU-28)* 744.800 11,2 9.056.500 8,6
  W. Europe (EU15+EFTA) 709.000 10,7 8.723.700 8,5
  New EU Countries (EU13)* 72.700 19,6 658.400 10,1
Russia** 138.700 -19,4 1.051.900 -33,5
USA** 1.569.200 -0,6 11.560.200 3,9
Japan 271.400 -3,5 2.879.000 -11,1
Brazil** 200.100 -22,9 1.691.800 -20,4
India 222.500 4,0 1.804.300 5,9
China 1.347.500 -1,5 12.008.500 4,5
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