The car sector is growing in Europe, +16% in April. For Stellantis, +8.2%

(ANSA) - TURIN, MAY 17 - The car market in Western Europe (EU+EFTA+United Kingdom) continues to record a positive trend. In April - according to data from Acea, the association of European manufacturers - 964,932 cars were registered, with a growth of 16.1% on the same month of 2022. The final balance for the first four months closes with 4,201,918 registrations and a growth of 17.2% compared to the same period of 2022.
In this market, the Stellantis group registered 169,022 cars in April, 8.2% more than in the same month last year. The market share is 17.5% compared to 18.8%. In the first four months of the year, the group sold 744,205 cars, a growth of 9.4% on the same period of 2022. The share drops from 19% to 17.7%.
The data on the European car market "confirm the favourable trend that has emerged since August as a result of increased availability of cars thanks to the improvement in supplies of essential components for car production", underlines the Centro Studi Promotor. "Despite the ongoing recovery - observes President Gian Primo Quaglianor - sales in Western Europe are still very far from pre-crisis levels. Enrolments in the first quarter are down by 23.5% compared to the same period of 2019, i.e. the situation before the coronavirus crisis. To return to normality, it is also necessary to overcome the other factors of restraint, in particular the psychological and concrete impact of the war in Ukraine and the resurgence of inflation that has also affected the list prices of cars". (ANSA).