Sales of new cars decreased by 216 thousand in June compared to last year
In the first six months of the year, the decline reached 13.7% yoy
Iceland performed relatively the best (up 35.7% yoy) while sales in Croatia showed the weakest change compared to the last year (down 28.4% yoy)
Sales of new commercial vehicles reached 147 thousand in May 2022 in the enlarged Europe (EU plus Iceland, Norway and Switzerland), according to ACEA. This is 19.5%, or 35.6 thousand fewer than in the previous year.
Historically, between January 1997 and May 2022, sales of commercial vehicles in Europe reached a high of 296 thousand in March 2017 and a low of 71.0 thousand in April 2020.
So far this year, some 740 thousand vehicles were sold in Europe, down 27.8% yoy.
Helgi Analytics 
