ACEA Report: State of the EU auto industry - Full-year 2018
This 29-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
- EU car registrations remained stable (+0.1%) last year.
- In 2018, car demand in the United States decreased by 0.4%.
- Chinese passenger car sales fell by 3.5% in 2018.
- 79 million cars were sold worldwide last year, -0.8% compared to 2017.
Passenger car registrations by fuel type
- Petrol expanded its EU market share by almost 6.5 percentage points in 2018, accounting for 56.7% of car sales.
- Electrically-chargeable vehicles accounted for only 2.0% of new cars registered across the EU throughout 2018.
Passenger car production
- In 2018, car production on the European continent decreased by 1.7%.
- North American output totalled nearly 13 million cars in 2018 (-1.3%).
- Overall in 2018, Chinese production fell by 2.5%, with 23.1 million cars built.
Exports and imports of passenger cars
- 2018 saw a slight decline in EU car export volumes (-1.6%) and a substantial increase in imports (+9.3%).
- The United States accounted for 29% of the total EU export value last year, followed by China (17.5%) and Japan (6.6%).
Commercial vehicle registrations
- In 2018, EU demand for commercial vehicles went up by 3.2% compared to 2017.
- 2.5 million commercial vehicles were registered across the European Union last year, the highest volume on record since 2007.
Commercial vehicle production
- Total EU commercial vehicle output grew by 2.6% to reach 2.8 million units in 2018.
- Chinese production declined by 9.3% last year, going from 5.7 to 5.2 million units.
- North American output increased by 2.6%, largely driven by heavy trucks (+20%).
Exports and imports of commercial vehicles
- Last year, the value of both EU imports (+2.3%) and exports (+0.2%) of commercial vehicles increased slightly − resulting in a trade surplus of nearly €2.8 billion.