Institutional Sign In

Go

Europe Passenger Cars Sales (September 2021)


Language: English
Provider: Helgi Analytics
Pages: 15

Sales of new cars decreased by 327 thousand in September compared to last year. In the first nine months of the year, the growth reached 6.94% yoy . The smallest decline was seen in Norway (15.7%) while sales in Lithuania dropped the most (-56.8%). Volkswagen Group sold the most cars in September 2021 in Europe, some 207 thousand vehicles representing 21.3% of the European market.

In September, European passenger car registrations continued their decline. Demand in the region shrank by 23.1% to 718,598 units, marking the lowest number of registrations for a month of September since 1995. This decrease in sales was largely caused by a lack of supply of vehicles due to the ongoing semiconductor shortage.

In September, most vehicles (215 thousand) were sold in the United Kingdom (down 34.4% yoy), followed by Germany (197 thousand, down 25.7%), France with 134 thousand cars (down 20.5%), 105 thousand new vehicles were registered in Italy (down 32.6%) and 59.6 thousand in Spain (down 15.7%). The five largest countries accounted for 67.0% of total new vehicles registered in September 2021.

In relative terms, sales in Norway (+15.7%) and Iceland (+15.7%) declined the least compared to a year ago, whereas registration in Lithuania and the United Kingdom dropped the most (-56.8% and -34.4% yoy), in September 2021, according to ACEA.

Volkswagen Group sold the most cars in September 2021 in Europe, some 207 thousand vehicles representing 21.3% of the European market. Sales of PSA Group amounted to 128 thousand vehicles (or 13.2% of the market) while Hyundai Group and Renault Group held 11.1% and 9.90% of the European market in September. Overall, the five largest manufacturers sold 62.5% of all new cars in September.

Automotive | October 18, 2021