The European Association of Automobile Manufacturers summed up the results of 2021 by naming the most popular brands in the European automotive market. First place in the ranking went to the German automaker Volkswagen.
Despite a 6.7% year-on-year decline in sales, Volkswagen became the most popular car brand in Europe last year, outperforming all of its competitors, including Toyota and Peugeot. During the 12 months of 2021, the German auto giant sold 1.08 million of its new vehicles. By comparison, Peugeot, which is number two in the market, sold 649,514 vehicles during the same period. Closes the top three leaders of the European car market is the Japanese company Toyota, which in 2020 ranked eighth. For the year, Toyota was able to increase its sales by 9.1% to 615,142 new vehicles. Along with Toyota, sales growth in Europe was demonstrated by the Korean group of companies Hyundai Group. Last year, combined sales of new Hyundai and KIA vehicles in the European Union and the United Kingdom amounted to 828,337 units, up 21.1% compared to 2020. This allowed the Koreans to take tenth place in the overall sales ranking.
However, not all brands ended the year with positive results. Thus, sales of Alfa Romeo cars last year fell by 27.8% to 26,322 units. Annual car sales of the Japanese company Mitsubishi, which announced its imminent withdrawal from Europe back in 2020, fell to 73,370 units. 2021 has also been a bad year for Ford. Last year, the American automaker sold 19% fewer new cars in Europe than a year earlier. This is primarily due to the closure of factories.
In total, 9.7 million new cars were sold in Europe in 2021, down 2.4% from 2020. The drop in sales, according to representatives of the European Automobile Manufacturers Association, is the result of a shortage of semiconductors, which has had a negative impact on almost all brands in the market. Sales of new cars are still far from pre-pandemic levels. Thus, in 2021, the number of registrations of new vehicles in the European Union turned out to be 3.3 million less than in 2019.
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