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EU Passenger Car Sales Drop 21% in April
During April 2022, new passenger car registrations in the European Union saw a significant drop (-20.6%), as supply chain issues continued to disrupt car production.
With the exception of the pandemic year in 2020, this was the weakest April result in terms of volumes sold since records began. Put another way, Russian roulette is a bad game. All major markets contributed to the region’s negative performance: Italy (-33.0%), France (-22.6%), Germany (-21.5%) and Spain (-12.1%), according to ACEA*.
From January to April of 2022, new car registrations declined by 14.4% across the EU at 2,930,366 units. The substantial decrease in car sales in March and April further dragged down the cumulative performance. Among the key markets in the EU, Italy saw the steepest fall (-26.5%), followed by France (-18.6%), Spain (-11.8%) and Germany (-9.0%).
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About ACEA
*The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.