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Car sales in Europe fell to their lowest level in 30 years

2023-01-21T17:25:24.002Z


Brussels, SANA- Car sales in Europe declined year on year to the lowest level in 30 years. According


brussels-sana

Car sales in Europe fell year-on-year to the lowest level in 30 years.

According to a report issued by the European Automobile Manufacturers Association, car sales in the European Union decreased on an annual basis during the past year 2022 by 4.6 percent, to 9 million 255 thousand and 930 cars, due to the lack of components.

Car sales in France decreased by 7.8 percent, while in Spain and Italy, respectively, they decreased by 5.4 and 9.7 percent. Sales of the Volkswagen Group in the European Union decreased last year by 5.2 percent, the PSI Group by 14.1 percent, and the Renault Group by 4.3 percent. percent, while the “BMW” group recorded a decline of 5.1 percent.

The number of new cars in Europe (EU countries plus Iceland, Norway, Switzerland and the United Kingdom) decreased in 2022 by 4.1 percent to 11,286,939 cars.

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Source: sena

All business articles on 2023-01-21

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