During July 2022, new car registrations in the European Union decreased again (-10.4%), even with low base of comparison caused by the ongoing semiconductor shortage according to ACEA* today. All the four major EU markets performed worse than one year ago, with Germany (-12.9%) and Spain (-12.5%) posting the strongest declines. However, during August, the European new car market returned to growth (+4.4%), bringing an end to thirteen months of consecutive decline. Nonetheless, with 650,305 units registered this remains far below pre-pandemic levels. All the key EU markets positively contributed to the region’s growth, with gains seen in Italy (+9.9%), Spain (+9.1%), France (+3.8%) and Germany (+3.0%).