Passenger car registrations: -0.04% 11 months into 2021; -20.5% in November
Brussels, 17 December 2021 – In November 2021, European Union passenger car registrations fell for the fifth consecutive month this year (-20.5%), totalling 713,346 units sold.
In November 2021, European Union passenger car registrations fell for the fifth consecutive month this year (-20.5%), totalling 713,346 units sold. In volume terms, this result marked the lowest November total on record since 1993. Double-digit losses were recorded in many EU markets, including three of the four major ones: Germany (-31.7%), Italy (-24.6%) and Spain (-12.3%). France saw a more modest drop of 3.2% last month; Bulgaria, Ireland and Slovenia were the only EU markets posting growth.
Eleven months into the year, the impact of the microchip shortage on vehicle output dragged the EU’s year-to-date sales performance into negative territory (-0.04%), and this despite 2020’s record low base for comparison. Nevertheless, three of the four largest EU markets still posted positive results from January to November 2021: Italy (+8.6%), Spain (+3.8%) and France (+2.5%). In Germany, on the other hand, registrations of new cars further weakened (-8.1%) compared to one year ago.
- The European Automobile Manufacturers’ Association (ACEA) represents the 14 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, JLR, Mercedes-Benz, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/
- Contact: Francesca Piazza, Senior Statistics Manager, firstname.lastname@example.org
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About the EU automobile industry
- 12.9 million Europeans work in the automotive sector
- 8.3% of all manufacturing jobs in the EU
- €392.2 billion in tax revenue for European governments
- €101.9 billion trade surplus for the European Union
- Over 7% of EU GDP generated by the auto industry
- €59.1 billion in R&D spending annually, 31% of EU total