The European Automobile Manufacturers’ Association (ACEA) publishes the Automobile Industry Pocket Guide annually to provide an overview of the automotive industry in Europe. In 2017, the automotive sector provided direct and indirect jobs to 13.3 million Europeans, representing 6.1% of total EU employment. Car registrations grew by 3.4% and more than 2.6 million trucks, buses, coaches and vans were built in the EU. However, the situation of the European auto industry remains fragile. EU auto manufacturers exported 5.9 million motor vehicles in 2017, generating a trade surplus of €90.3 billion for the European Union. The automotive industry is a vital source of government revenue, with taxation on motor vehicles worth €413 billion annually in the EU-15 alone. ACEA's members remain committed to addressing tomorrow's challenges.
