MOTOR INDUSTRY: MODEST INCREASE IN NEW CAR REGISTRATIONS IN EU LAST YEAR
Wednesday 17 January 1996
The best results were obtained in Finland (+19.3%), Greece (+14.7%), Sweden (+8.3%) and Ireland (+8.1%), the poorest in Portugal (-13.7%), Spain (-9.3%) and Belgium (-7.3%). The large markets recorded more modest growth: 3.6% in Germany, 2% in Italy and 1.8% in the United Kingdom, with a 2.1% reduction in France, where December proved a particularly disastrous month (-18.6%).
Sales growth among manufacturers in 1995 ranged from 8.6% and 6.6% for Volvo and Volkswagen, to 3.3% and 1% for Fiat and General Motors. By contrast, the PSA group recorded a 5.8% decline in new vehicle registrations, with a 5.4% fall at Renault, 3.4% at Mercedes, 2% at BMW and 0.8% at Ford. Registrations of new Japanese cars in the EU fell by 1.6% in spite of the performance of Mitsubishi (+7.5%), while Korean manufacturers posted a 68.5% improvement in securing 1.5% of the market.
Jacques Calvet appointed new ACEA Chairman
Jacques Calvet, Chairman of PSA Peugeot-Citroën, was appointed on December 15 to the helm of ACEA for 1996. He replaces Giorgio Garuzzo of Fiat, who held the post since 1994. Appointed as a Director at the Ministry of the Economy in 1970, Mr Calvet served as Chairman of the Banque Nationale de Paris (BNP) between 1979 and 1982, before joining the PSA Group in June 1982, becoming company Chairman in 1984. In 1991, Mr Calvet initially refused to join the ACEA, because of disagreements over Japanese car imports and Community standards on pollution. Commenting on his appointment, the new Chairman declared his intention to defend and promote the European motor industry, in order to guarantee employment and develop European technology.