In September 2021, demand for new passenger cars in the EU shrank by 23.1% to 718,598 units, marking the lowest number of registrations for a month of September since 1995.
New passenger car registrations in the EU
In September 2021, European Union passenger car registrations continued their decline. Demand in the region shrank by 23.1% to 718,598 units, marking the lowest number of registrations for a month of September since 1995. This decrease in sales was largely caused by a lack of supply of vehicles due to the ongoing semiconductor shortage. Last month’s weak performance was replicated at a country level, with all major EU markets recording double-digit declines: Italy (-32.7%), Germany (-25.7%), France (-20.5%) and Spain (-15.7%).
Over the first three quarters of 2021, car registrations across the EU climbed 6.6% to reach 7.5 million units, as significant gains earlier in the year helped to keep cumulative volumes in positive territory. Looking at the largest EU markets, Italy posted the highest increase so far (+20.6%), followed by Spain (+8.8%) and France (+8.0%). By contrast, the German car market slipped back into negative territory (-1.2%).
Source: www.acea.auto