Vehicle production picks up compared to low 2009 levels

Date

09 Jul 2010

Sections

Transport

 Brussels 9/07/2010 - Car production and demand in the EU rebounded in the

first  months of 2010 compared to the very low levels of 2009. The trend,

however,  slowed  as  the  year  progressed  and  the impact of temporary

factors faded. Contrary to passenger cars, production of heavy trucks was

still down in the first quarter of 2010.

These  and other figures can be found in the latest ACEA Economic Report,

published  today.  The  automobile industry’s trade association publishes

the  Economic  Report  three  times  a year, giving additional insight in

market  trends and automotive production. The full report with tables and

graphs     can     be     found     on     the     ACEA     website    at

http://www.acea.be/index.php/news/news_detail/vehicle_production_picks_up_compared_to_low_2009_levels/

Vehicle production

New  passenger  car  production in the EU recorded a rebound of 34% three

months  into  the  year,  compared to the first quarter of 2009. However,

production was still 13% down when compared to the first quarter of 2008.

The  same  picture emerged in the segment of vans. Despite a 51% increase

three  months  into  the year 2010, production of vans remained 35% below

the  pre-crisis  level  of  2008.  Truck production decreased by 5% until

April  this  year,  and by 63% compared to the first quarter of 2008. The

segment  of  buses declined by 22% three months into the year compared to

the same period in 2009.

In  units  produced,  Germany  remained  the  largest  auto manufacturing

country  in  the  EU  (1.4 million units, +33%), while the UK saw its car

production  pick  up  most  (+72.7%) compared to the first quarter of the

previous  year.  Except  for  Finland  (-59.5%),  Belgium  (-10.5%),  the

Netherlands (-7.5%) and Italy (-0.1%), all countries posted growth.

Demand

In  2010, demand for new passenger cars in the EU continued to grow until

a  7.4%  decline  was  noted  in April. In May, new registrations further

decreased  by  9.3%.  The recent drops reflect both the end to government

support  schemes as well as the continuing challenging economic situation

in the EU.

From January to May, small cars (segments A and B) accounted for 44.6% of

the  total  market  for  new cars compared to 45.3% in the same period of

2009.  Half  of  all new cars registered had a diesel engine, compared to

46.3% over January – May last year.

Demand  for  commercial  vehicles  cautiously  points  towards  recovery,

although  the segment of vans was the only one to record positive figures

since February.

About ACEA

The   European   automotive   industry   is   key  to  the  strength  and

competitiveness  of  Europe.  The ACEA members are BMW Group, DAF Trucks,

Daimler,  FIAT  Group, Ford of Europe, General Motors Europe, Jaguar Land

Rover,  MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania,

Toyota Motor Europe, Volkswagen and Volvo. They provide direct employment

to more than 2.3 million people and indirectly support another 10 million

jobs.  Annually,  ACEA  members  invest over €26 billion in R&D, or 5% of

turnover.

For further information, please contact Sigrid de Vries, Director

Communications, ACEA   +32 2 738 73 45 or sv@acea.be

Please also visit www.acea.be

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