Sales of new cars decreased by 209 thousand in April compared to last year. In the first four months of the year, the decline reached 13% yoy . The smallest decline was seen in Iceland (79.6%) while sales in Lithuania dropped the most (-35.0%). Volkswagen Group sold the most cars in April 2022 in Europe, some 200 thousand vehicles representing 24.1% of the European market.
In April, new passenger car registrations in the EU saw a significant drop (-21%), 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.
In April, most vehicles (180 thousand) were sold in Germany (down 21.5% yoy), followed by the United Kingdom (119 thousand, down 15.8%), France with 109 thousand cars (down 22.6%), 97.3 thousand new vehicles were registered in Italy (down 32.9%) and 69.1 thousand in Spain (down 12.1%). The five largest countries accounted for 60.9% of total new vehicles registered in April 2022.
In relative terms, sales in Iceland (+79.6%) and Romania (+23.4%) declined the least compared to a year ago, whereas registration in Lithuania and Italy dropped the most (-35.0% and -32.9% yoy), in April 2022, according to ACEA.
Volkswagen Group sold the most cars in April 2022 in Europe, some 200 thousand vehicles representing 24.1% of the European market. Sales of PSA Group amounted to 110 thousand vehicles (or 13.3% of the market) while Hyundai Group and Renault Group held 10.7% and 8.50% of the European market in April. Overall, the five largest manufacturers sold 64.2% of all new cars in April.