Sales of new passenger cars in the EU fell by 15% in June

Sales of new light vehicles in the European Union fell by 15.4% in June 2022 compared to the same period in 2021, the European Automobile Manufacturers Association (ACEA) said in a released statement. In total, about 886,000 passenger cars were sold in June – the lowest figure for June since 1996, the association notes.

The decrease in sales of cars is currently observed in all the leading markets of the European Union. In annual terms, auto sales in June decreased by 18.1% in Germany, in Italy – by 15%, in France – by 14.2%, in Spain – by 7.8%.

In total, in the first two quarters of 2022, approximately 4.6 million vehicles were sold in the EU, which is 14% less than in the same period in 2021. Thus, sales in Italy decreased by 22.7%, in France – by 16 .3%, in Germany – by 11%, in Spain – by 10.7%.

Experts believe that one of the main reasons for the decline in car sales is the difficulty in supplying components that are necessary for the production of the cars themselves.

In January 2022, car sales in the European Union hit their lowest ever record for that month. In January, the indicator amounted to 682,596 units. – 6% less than in January 2021. The fall was associated with the continuing global shortage of semiconductors.

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