Brussels, 2 June 2016 – On the occasion of its 25th anniversary General Assembly meeting in Berlin yesterday, the European Automobile Manufacturers’ Association (ACEA) revised its forecast for 2016 car registrations upwards from its initial January forecast of 2% growth.
“Looking ahead, we now forecast growth for EU passenger car sales in the region of 5% this year. Commercial vehicle sales should also grow substantially,” stated ACEA President, Dieter Zetsche. In terms of units, this would mean over 14 million cars sold.
“It’s important to note that we are still below pre-crisis level of 15.5 million units,” Zetsche cautioned. “We need political partners who continue to stand by the principles of free trade and are determined to safeguard the positive momentum of our industry. Everyone at ACEA is determined to accelerate it.”
Notes for editors
- ACEA represents the 15 Europe-based car, van, truck and bus manufacturers: BMW Group, DAF Trucks, Daimler, Fiat Chrysler Automobiles, Ford of Europe, Hyundai Motor Europe, Iveco, Jaguar Land Rover, Opel Group, PSA Group, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars and Volvo Group.
- More information can be found on www.acea.be or @ACEA_eu
- Launched yesterday in Berlin, the 2016-2017 edition of the Automobile Industry Pocket Guide is now available at http://www.acea.be/publications/article/acea-pocket-guide
Cara McLaughlin, Communications Director, email@example.com, +32 2 738 73 45; +32 485 88 66 47.