European Vehicle Production Increased By 15% In The First Nine Months

Vehicle production in the EU grew by 15 percent in the first nine months of 2010 compared to the same period in 2009, the European Automobile Manufacturers Association (ACEA) said on Thursday.

Car production rose 13 percent, reflecting a decrease of 5 percent in the third quarter on the momentum of the softening global economy. Production levels in the commercial vehicle segment has increased in the three quarters of 2010, ACEA said.

Load segment began to show signs of recovery until the second quarter, when production grew by 57 percent, and this trend continued in the third quarter, when the new truck registrations began to be positive again, the association category said.

Three-quarters in 2010, a total of 12.6 million vehicles were produced in the EU, which is 15 percent above the same period last year. Compared to the level before the crisis of the first three quarters of 2008, total production decreased by 14 percent.

Germany remains the largest country of manufacture, as well as motor vehicles and passenger cars, with power increased by 15 percent and 14 percent respectively.

While 36.4 percent of new cars produced in Germany, Spain and France, accounted for 12.9 percent, followed by the United Kingdom (8.3 percent), Czech Republic (7.1 percent), Poland ( 5.7 per cent), Italy (3, 9 per cent) and Slovakia (3.6 percent).

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