Passenger car registrations: -6.0% in January 2022
Brussels, 17 February 2022 – In January 2022, EU passenger car registrations continued to fall (-6.0%), marking a new historic low in EU car sales for the first month of the year.
In January 2022, EU passenger car registrations continued to fall, with the ongoing semiconductor shortage still negatively affecting car sales across the region. Even though a new record for lowest January total (in terms of volume) was set in 2021, this year car registrations contracted by a further 6.0% to reach 682,596 units – marking a new historic low in EU car sales for the first month of the year.
Various markets in Central Europe posted gains last month, with Slovakia (+72.6%) and Romania (+55.5%) seeing the strongest growth, although Polish sales contracted by 10.2% in January. In Western Europe, on the other hand, almost all countries posted negative results. Looking at the four major car markets, double-digit losses were seen in Italy (-19.7%) and France (-18.6%), while only Germany posted solid growth (+8.5%) and Spain saw a modest gain (+1.0%).
- 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, email@example.com
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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