New car sales in the EU fell in the first quarter of 2022

New car sales in the EU fell in the first quarter of 2022.

In the first quarter of 2022, new passenger car registrations decreased by 12.3% compared to the same period last year. Sales of new passenger cars reached 2,245,976. All four major EU markets declined: Italy (-24.4%), France (-17.3%), Spain (-11.6%) and Germany (-4.6%).

Continued supply chain disruptions, further exacerbated by Russia’s invasion of Ukraine, have negatively affected car production.

In March 2022, passenger car registrations in the European Union continued to decline (-20.5%). Sales were 844,187 units. Most countries in the region recorded double-digit declines in sales, including the four major markets: Spain (-30.2%), Italy (-29.7%), France (-19.5%) and Germany (-17.5%). %), reports ACEA.

In March 2022, commercial vehicle registrations in the EU continued their downward trend, declining for the ninth consecutive month (-24.9%).

With the exception of Romania and Cyprus (+ 11.2% and + 1.6% respectively), all EU markets fell, including the big four. Spain recorded the largest decline (-41.2%), followed by France (-25.9%), Germany (19.6%) and Italy (-9.7%).

In the first quarter of 2022, new commercial vehicle registrations in the EU shrank by 18.1%, reaching a total of 411,097 units. March results fell quarterly performance more than the results recorded in the first two months of the year. All four major EU markets contributed to the region’s negative performance: Spain (-30.3%), France (-21.9%), Germany (-11.6%) and Italy (-4.8%).

In March, new truck registrations in the EU fell 28.7% to 122,818 sales as all markets fell. Double-digit losses were recorded in all four largest EU markets: Spain (-46.5%), France (-28.6%), Germany (-22.2%) and Italy (-10.7%).

From January to March, sales of light commercial vehicles in the EU decreased by -21.3% compared to the same period last year, reaching a total of 329,606 units. All four major markets in the region fell: Spain (-35.7%), France (-24.2%), Germany (13.6%) and Italy (-5.3%).

Heavy truck sales in the EU fell 4.6% in March to 24,088. The four major markets in Western Europe recorded mixed results. Germany and Spain fell (-9.2% and -5.8% respectively), while Italy and France recorded moderate growth (+ 1.9% and + 1.6% respectively).

Three months into the year, new heavy goods vehicle registrations in the EU increased moderately (+ 0.6%), reaching 64,336 units, thanks to growth in the first two months of 2022. With the exception of Germany (-1.0 %), All major Western European markets contributed to the positive cumulative performance in the region: Spain (+ 4.5%), France (+ 3.1%) and Italy (+ 0.8%).

Last month, 28,333 new medium and heavy commercial vehicles were registered in the EU, down 6.6% from last year. Looking at the four main markets in the region, only Italy recorded growth (+ 0.9%). Germany recorded the largest decline (-11.6%), followed by Spain (-4.8%) and France (-1.9%).

In the first three months of the year, sales of new trucks in the European Union fell by 2.0%, reaching almost 75,000 units. The performance of the four largest markets in the region differed. Germany and France fell (-5.2% and -1.0% respectively), while Spain and Italy recorded moderate growth (+ 2.9% and + 0.4% respectively).

In March 2022, new bus registrations jumped by 21.6%, reaching 2,402 units. This increase was mainly due to three-digit gains in several EU markets. Among the four main markets in the region, Spain recorded three-digit growth (+ 167.7%), followed by France (+ 15.8%). Italy, on the other hand, recorded a double-digit loss (-29.2%) and Germany also declined (-8.8%).

From January to March, new bus and coach registrations across the EU fell slightly (-0.2%), despite a significant increase in March. With the exception of Spain (+ 52.8%), all major EU markets recorded losses: Italy (-15.7%), Germany (-10.1%) and France (-2.8%).

Source: ΑΠΕ-ΜΠΕ