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Europe Passenger Cars Sales (November 2021)


Language: English
Provider: Helgi Analytics
Pages: 15

Sales of new cars decreased by 183 thousand in November compared to last year. In the first eleven months of the year, the growth reached 0.75% yoy . The smallest decline was seen in Iceland (73.8%) while sales in Lithuania dropped the most (-59.1%). Volkswagen Group sold the most cars in November 2021 in Europe, some 186 thousand vehicles representing 21.5% of the European market.

European car registrations fell for the fifth consecutive month this year. In volumes, November marked the weakest result on record since 1993. The impact of the microchip shortage on vehicle output dragged the EU’s year-to-date sales performance into negative territory, and this despite 2020’s record low base for comparison.

In November, most vehicles (198 thousand) were sold in Germany (down 31.7% yoy), followed by France (122 thousand, down 3.22%), the United Kingdom with 116 thousand cars (up 1.69%), 104 thousand new vehicles were registered in Italy (down 24.5%) and 66.4 thousand in Spain (down 12.3%). The five largest countries accounted for 62.5% of total new vehicles registered in November 2021.

In relative terms, sales in Iceland (+73.8%) and Bulgaria (+24.0%) declined the least compared to a year ago, whereas registration in Lithuania and Germany dropped the most (-59.1% and -31.7% yoy), in November 2021, according to ACEA.

Volkswagen Group sold the most cars in November 2021 in Europe, some 186 thousand vehicles representing 21.5% of the European market. Sales of PSA Group amounted to 124 thousand vehicles (or 14.4% of the market) while Renault Group and Hyundai Group held 10.7% and 9.90% of the European market in November. Overall, the five largest manufacturers sold 64.3% of all new cars in November.

Automotive | January 13, 2022