Passenger car registrations: -14.4% first four months of 2022; -20.6% in April
Brussels, 18 May 2022 – In April 2022, new passenger car registrations in the European Union saw a significant drop (-20.6%), as supply chain issues continued to weigh heavily on car production.
In April 2022, new passenger car registrations in the European Union saw a significant drop (-20.6%), as supply chain issues continued to weigh heavily on 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 (684,506 units sold). All major markets contributed to the region’s negative performance: Italy (-33.0%), France (-22.6%), Germany (-21.5%) and Spain (-12.1%).
From January to April of 2022, new car registrations declined by 14.4% across the EU, totalling 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%).
With the exception of the pandemic year in 2020, this was the weakest April result in terms of volumes sold since records began.
- 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.
- 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, Statistics Manager, firstname.lastname@example.org.
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About the EU automobile industry
- 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.
- Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €76.3 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €58.8 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 32% of total EU spending.