Market achievements - PC + LUV - Europe 29 countries - 2016
- The European market (29 countries: European Union - Malta + Switzerland + Norway) of light vehicles (“PC+LUV”: Passenger Cars + Light Utility Vehicles) continued to increase in 2016 (+ 7.1%), due to the catch-up effect following the 2008-2009 crisis which led to a fall of “PC+LUV” sales in Europe but also in other regions of the world.
- The European light vehicle market decreased from 18 million units in 2007 down to 14 million units in 2013.
A catch-up started in 2014 (+ 6.2%), and continued in 2015 (+9.4 %) And 2016 (+ 7.1%). The European light vehicle market thus reached 17 million units last year, and given the absence of signs of a reversal of economic activity in the region, growth is likely to continue in 2017 to reach a volume between 17.5 and 18 million units (between + 3% and + 6% increase).
A catch-up started in 2014 (+ 6.2%), and continued in 2015 (+9.4 %) And 2016 (+ 7.1%). The European light vehicle market thus reached 17 million units last year, and given the absence of signs of a reversal of economic activity in the region, growth is likely to continue in 2017 to reach a volume between 17.5 and 18 million units (between + 3% and + 6% increase).
- In 2016, Germany remained the largest market for light vehicles in Europe, with 3.6 million units, ahead of England (3.1 million), France (2.4 million), Italy (2.0 million), Spain (1.3 million) and Belux (0.7 million).
- The strongest growth was registered in Hungary (+ 24.7%), Cyprus (+ 23.0%), Croatia (+ 22.8%), Italy (+ 18.6%), Romania %), Ireland (+ 17.6%) and Poland (+ 16.6%).
- Sales in eastern Europe countries increased by 15.9% in 2016, while those in Western Europe limited the increase to 6.4%.
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