With 9.7 million cars registered last year, Europe is experiencing its worst figures for decades. The explanations.
No big bounce and even extra recoil. the European car market saw further decline in 2021, according to figures published by European Automobile Manufacturers Association (ACEA). Which means that the last 12 months were even worse than 2020, penalized by the outbreak of Covid-19 and the confinements.
On the continent, 9.7 million cars were sold in 2021. This is the lowest figure since the organization began measuring in 1990.
The drop was particularly noticeable in the second half of the year. Since September, every month shows a decrease of more than 20% compared to the figures published during the same period in 2020.
In its press release, the Association of European Automobile Manufacturers (ACEA) points in particular to the lack of components: “This fall is the consequence of the shortage of semiconductors which hampered automobile production throughout the year, especially in the second semester.
let’s remember that manufacturers today lack parts, especially electronic ones, due to the disruption of supply chains. More difficult traffic conditions, especially from Asia, reduce the number of components. In response, the factories favor the manufacture of models with higher profitability, increasing the basket of customers… but reducing volumes.
The Volkswagen group was hard hit with a decline of 6.7% for the German brand and declines of 9.8% for and 3.3% for Audi. the Renault group, for its part, recorded a fall of 10.2%. The Daimer group (Mercedes, Smart) was also penalized by the shortage. Its sales fell by 12%.
To read on auto-moto.com:
Will Tesla overtake Audi in 2022?
4 French cars in the lead in Europe
The best-selling cars in Europe in 2020 (ranking)
With 9.7 million cars registered last year, Europe is experiencing its worst figures for decades. The explanations.
No big bounce and even extra recoil. the European car market saw further decline in 2021, according to figures published by European Automobile Manufacturers Association (ACEA). Which means that the last 12 months were even worse than 2020, penalized by the outbreak of Covid-19 and the confinements.
On the continent, 9.7 million cars were sold in 2021. This is the lowest figure since the organization began measuring in 1990.
The drop was particularly noticeable in the second half of the year. Since September, every month shows a decrease of more than 20% compared to the figures published during the same period in 2020.
In its press release, the Association of European Automobile Manufacturers (ACEA) points in particular to the lack of components: “This fall is the consequence of the shortage of semiconductors which hampered automobile production throughout the year, especially in the second semester.
let’s remember that manufacturers today lack parts, especially electronic ones, due to the disruption of supply chains. More difficult traffic conditions, especially from Asia, reduce the number of components. In response, the factories favor the manufacture of models with higher profitability, increasing the basket of customers… but reducing volumes.
The Volkswagen group was hard hit with a decline of 6.7% for the German brand and declines of 9.8% for and 3.3% for Audi. the Renault group, for its part, recorded a fall of 10.2%. The Daimer group (Mercedes, Smart) was also penalized by the shortage. Its sales fell by 12%.
To read on auto-moto.com:
Will Tesla overtake Audi in 2022?
4 French cars in the lead in Europe
The best-selling cars in Europe in 2020 (ranking)