Production of passenger cars in half of European countries has fallen to lows
Only five European countries managed to increase the output of passenger cars last year, while in half of the countries disclosing such information the production fell to multi-year lows, calculated on the basis of data from national statistical services.
The largest producers of passenger cars in Europe last year were Germany (4.19 million cars), Spain (1.84 million) and the Czech Republic (1.27 million).
Only two European ‘automotive powers’ – Germany and the Czech Republic – were among the countries that showed positive dynamics in production in 2024. Moreover, the growth of the largest European economy turned out to be rather modest compared to its output volumes, due to which the production remained approximately at the level of the previous year: only 28 thousand more new cars left the assembly line of German car manufacturers. The Czech Republic increased its output by 46 thousand cars.
Also on the plus side were Romania (output grew by 60 thousand cars – up to 251 thousand), Sweden (growth by 41 thousand – up to 263 thousand) and Poland (growth by 29 thousand – up to 287 thousand).
In most countries, the output of passenger cars decreased, and in many countries – to multi-year lows. The strongest decrease in absolute terms was in Slovakia – by 201 thousand cars, down to 739 thousand, and in Italy 165 thousand cars were produced less (342 thousand). Both countries recorded the minimum production since 2015. The three ‘anti-leaders’ are followed by Great Britain with a decrease of 117 thousand units – to 780 thousand.
The production was also minimal since 2015 in Hungary (down by 59 thousand cars – to 369 thousand), Slovenia (by 15 thousand – to 60 thousand), Finland (by 9 thousand – to 21 thousand). And since 2017 – in Portugal (by 12 thousand – to 181 thousand) and Austria (by 5 thousand – to 72 thousand). In France, the output became the most modest since 2021 (minus 26 thousand cars – to 872 thousand). Among other countries that recorded a decrease were Belgium (by 13 thousand to 255 thousand) and Spain (by 11 thousand to 1.84 million).
3,660 total views, 2 views today
