Statistics – Economic and Market Report: key takeaways about the EU auto industry for 2017

ACEA has published its Economic and Market Report for the fourth 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… Continue reading Statistics – Economic and Market Report: key takeaways about the EU auto industry for 2017

26/2018,                    IG Metall and BDH call for a long-term strategy for the restructuring of the heating market

Future memorandum shows ways to reduce energy consumption Frankfurt am Main / Berlin – According to the Federal Association of the German Heating Industry (BDH) and the IG Metall, the heating market and its employees have a decisive role to play in achieving the climate goals. In a joint memorandum for the future, the two… Continue reading 26/2018,
                   IG Metall and BDH call for a long-term strategy for the restructuring of the heating market

Publications – Position Paper: European Commission proposal on post-2021 CO2 targets for cars and vans

In November 2017, the European Commission presented its Clean Mobility Package. The key legislative proposal in the Package is the one dealing with future CO2 standards for passenger cars and light commercial vehicles (also known as vans). Looking ahead, the European Automobile Manufacturers’ Association (ACEA) believes that further reductions of CO2 emissions from cars and… Continue reading Publications – Position Paper: European Commission proposal on post-2021 CO2 targets for cars and vans

Press Releases – Commercial vehicle registrations: +6.5% first two months of 2018; +5.0% in February

Brussels, 22 March 2018 – In February 2018, demand for new commercial vehicles increased by 5.0% in the European Union. This growth was sustained by all commercial vehicle segments, with registrations totalling 173,385 units. Total new commercial vehicles In February 2018, demand for new commercial vehicles increased by 5.0% in the European Union. This growth… Continue reading Press Releases – Commercial vehicle registrations: +6.5% first two months of 2018; +5.0% in February

Motor finance market makes positive start to 2018

21 March 2018
New figures released today by the Finance & Leasing Association (FLA) show that new business in the point of sale (POS) consumer car finance market increased 7% by volume and 13% by value in January, compared with the same month in 2017.
New business volumes in the POS consumer new car finance market fell by 4% compared with January 2017, while the value of new business increased by 4% over the same period.
The percentage of private new car sales financed by FLA members through the POS was 88.5% in the twelve months to January, compared with 88.2% in the twelve months to December 2017.
The POS consumer used car finance market reported new business in January up 13% by volume and 20% by value, compared with the same month in 2017.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:
“New business trends in the POS consumer car finance market continued in a similar vein to 2017. In the twelve months to January, overall new business volumes in this market held steady at almost 2.4 million.”
Table 1: Cars bought on finance by consumers through dealerships
New business
Jan 2018
% change on prev. year
3 months to Jan 2018
% change on prev. year
12 months to Jan 2018
% change on prev. year
New cars
Value of advances (£m)
1,167
+4
3,686
-1
18,840
+1
Number of cars
61,204
-4
186,674
-9
988,025
-7
Used cars
Value of advances (£m)
1,544
+20
3,785
+15
15,697
+12
Number of cars
131,870
+13
320,855
+10
1,372,597
+7
Total cars
Value of advances (£m)
2,711
+13
7,471
+6
34,537
+6
Number of cars
193,074
+7
507,529
+2
2,360,622
0
Table 2: Cars bought on finance by businesses
New business
Jan 2018
% change on prev. year
3 months to Jan 2018
% change on prev. year
12 months to Jan 2018
% change on prev. year
New cars
Number of cars
27,710
-13
88,945
-13
473,970
-3
Used cars
Number of cars
5,636
-31
15,319
-21
58,472
+4
Note to editors:
In 2017, FLA members provided £128 billion of new finance to UK businesses and households. £96 billion of this was in the form of consumer credit, over a third of total new consumer credit written in the UK in 2017. £44 billion of it supported the purchase of new and used cars, including over 88% of private new car registrations.For media enquiries, please contact the FLA press office on 020 7420 9656.

Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says

Brussels, 21 March 2018 – Before the European Commission publishes its proposal on the revision of the General Safety Regulation this May, the European Automobile Manufacturers’ Association (ACEA) is calling on policy makers to focus on the most effective vehicle safety measures with the strongest positive impact. “It goes without saying that our industry is… Continue reading Press Releases – Focus on vehicle safety measures with most tangible results, auto industry says

Publications – Position Paper: General Safety Regulation Revision

The European Automobile Manufacturers’ Association (ACEA) and its members support the European Commission’s initiative to further improve road safety through the revision of the General Safety and Pedestrian Safety regulations. As this position paper outlines, ACEA members are open to considering a large number of the safety measures under consideration, while expressing concerns on only… Continue reading Publications – Position Paper: General Safety Regulation Revision

Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues

Brussels, 19 March 2018 – Just a few days ahead of the EU summit, where the 27 heads of state are set to approve the European Council’s Brexit guidelines, the European Automobile Manufacturers’ Association (ACEA) is calling on the negotiators to pay urgent attention to sector-specific issues in order to avert potentially disastrous implications on… Continue reading Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues

Publications – Position Paper: Brexit

Today, automobile manufacturers operate more than 300 assembly and production plants across the European continent. They often manufacture components – like engines and transmissions – in one country, and assemble the final vehicle in another. Auto makers are part of a highly integrated and complex manufacturing network spanning right across Europe. Needless to say, the… Continue reading Publications – Position Paper: Brexit