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Jan 16, 2008

STATISTICS * Europe - New Eurostat report

Measures facts and figures of EU’s automotive and other sectors
Brusells,Belgium -eurostat.ec.europa.eu -16 Jan 2008: -- The new edition of European business - Facts and figures1, published by Eurostat, the EU’s Statistical Office, covers 2006 data on the main sectors of the European business economy, including the transport equipment manufacturing and motor trades sectors... The ‘Transport Equipment’ sector including predominantly road vehicle manufacture is reported to comprise 43,000 enterprises, 0.2% of the EU’s total businesses. Their aggregate value added is put at €177bn, 3.5% of the EU total. It employs 3.2m people, 2.6% of total EU employment, at an average employment cost per capita of €43,000. The apparent labour productivity of these employees in the transport equipment sector is put at €56,000 per capita... The motor trades sector is said to comprise 782,000 enterprises, representing 4.1% of all EU businesses, and to produce €151bn of value added, a 3.0% share of the EU total. Motor trade businesses employ a total of 4.067m people, at an average cost per employee of €24,000; their average apparent productivity figure is put at €37,000. Motor trades had 29% of their employees in the 15-29 age group, behind only hotels & restaurants (36%) and retail trade (30%)...


* 2007 new car registrations rise in new member states, flat in Western Europe
Brusells,Belgium -ACEA -16 Jan 2008: -- Nearly 16 million new cars were registered in Europe (EU27+EFTA) in 2007, or 1.1% more than the year before, the European Automobile Manufacturers Association ACEA reported today. Soaring oil prices, changes in taxes, shrinking credit availability and purchasing power restrained buyers’ confidence and the demand for new cars in some of the Western European countries (+0.2%). In the new EU member states, where car density is still much lower and many households have been able to afford buying a new car only recently, a steady growth was recorded throughout the year (+14.5%)...

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