Money Buzz! Europa

Tag: cars

  • Luxembourg has the most cars per inhabitant in the EU

    Luxembourg has the most cars per inhabitant in the EU

    Among EU Member States, Luxembourg recorded the highest ’motorisation rate’ with 676 passenger cars per 1.000 inhabitants in 2018, Eurostat data shows.

    However, cross-border workers using company cars registered in the country may influence this figure.

    Luxembourg was followed by Italy (646 cars), Cyprus and Finland (both 629 cars). In contrast, the lowest rates were recorded in Romania (332 cars), Latvia (369 cars) and Hungary (373 cars).

    In 2018, the highest number of registered passenger cars was recorded in Germany with 47 million cars. Thereafter followed Italy (39 million cars) and France (32 million cars).

    From 2014 to 2018, Romania had the strongest growth in the number of registered passenger cars

    Romania (31%) was followed by Czechia, Slovakia and Lithuania (each 19%), Hungary and Portugal (both 17%) and Cyprus (15%).

    Poland has the ”oldest” cars in EU

    Several EU Member States reported a large share of ’old’ passenger cars (20 years or older) in 2018. The Member States with the highest shares were Poland (36.5%), Estonia (29.6%), Finland (25.2%), Romania (21.4%) and Malta (20.8%).

    By contrast, the shares of the ’youngest’ passenger cars (less than 2 years old) were highest in Ireland (29.2%), Luxembourg (23.8%), Denmark (23.3%) and Belgium (23.1%).

  • Passenger car registrations fell by two thirds in Austria last month

    Passenger car registrations fell by two thirds in Austria last month

    In April 2020, the number of new passenger car registrations (11.220) declined by 64.9%, according to Statistics Austria.

    New registrations of petrol-driven passenger cars sunk by 71.0% (share: 44.8%), those of diesel cars by 63.8% (share: 40.0%). Fewer new registrations were recorded for new electric cars (-23.1%; share: 5.0%).

    VW and Skoda lead the top

    The passenger car makes with the highest registration figures were VW (share: 14.7%), Skoda (share: 13.1%) and BMW (share: 7.6%).

    Among the Top 10 car makes, all makes recorded double-digit declines: Skoda -44.7%, Renault -51.4%, Audi -56.7%, Mercedes -57.6%, BMW -57.7%, Peugeot -62.3%, VW -66.6%, Kia -67.2%, Ford -67.5% and Seat -74.0%.

    The market for new commercial vehicles showed increases for tractors used for agriculture and forestry (+5.8%). Fewer registrations were reported for lorries category (cat.) N3 (-33.4%), lorries cat. N2 (-44.2%), lorries cat. N1 (49.3%) and articulated lorries (-65.0%).

    Among the two-wheelers, fewer registrations were recorded for new motorcycles (-22.2%) and scooters (-60.5%).

    In total, 19 950 motor vehicles were newly registered in April 2020, thus the decrease compared to April 2019 amounted to 56.6%.

    January to April 2020: new passenger cars -41.6%; new motor vehicles -39,3%

    From January to April 2020, the number of new passenger car registrations decreased by 41.6% to 65.900, or 46.906 vehicles fewer than in the same period of 2019.

    The total number of newly registered motor vehicles declined by 39.3% or 59.223 to 91.580.