Passenger car registrations: -2.4% in 2021; -22.8% in December
Brussels, 18 January 2022 – In December 2021, passenger car registrations across the European Union declined by 22.8% to 795,295 units, marking the sixth consecutive month of decline.
In December 2021, passenger car registrations across the European Union declined by 22.8% to 795,295 units, marking the sixth consecutive month of decline. Most of the region’s markets faced double-digit drops, including the four major ones: Italy (-27.5%), Germany (-26.9%), Spain (-18.7%) and France (-15.1%). In fact, the only EU car markets that expanded last month were Bulgaria, Croatia, Latvia and Slovenia.
Overall in 2021, sales of new cars in the EU fell by 2.4% to 9.7 million units, despite the record low base of comparison of 2020. This fall was the result of the semiconductor shortage that negatively impacted car production throughout the year, but especially during the second half of 2021. Indeed, last year total EU car registrations were still 3.3 million units below pre-crisis sales in 2019.
Looking at the full year for the four major EU markets, only Germany posted a decline (-10.1%) in 2021. By contrast, Italy saw the highest increase (+5.5%), followed by Spain (+1.0%) and France (+0.5%) with modest growth.
- 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
- 13.0 million Europeans work in the automotive sector
- 11.5% of all manufacturing jobs in the EU
- €374.6 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