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Chip shortage: European car market fell 23.1% in September

2021-10-15T07:10:35.068Z


With 718,598 new cars sold in September, the market is back to its 1995 levels. The sales of cars for the month of September 2021 were marked by the " lack of vehicles [products], caused by the shortage of semiconductors, " said the Association of European Manufacturers in a statement. The European market recorded a 23.1% drop in sales between September 2020 and September 2021 (-25.7% in Germany, -32.7% in Italy, and -20.5% France by 20.5%) . To discover SIMULATOR - Are you


The sales of cars for the month of September 2021 were marked by the "

lack of vehicles

[products],

caused by the shortage of semiconductors,

" said the Association of European Manufacturers in a statement.

The European market recorded a 23.1% drop in sales between September 2020 and September 2021 (-25.7% in Germany, -32.7% in Italy, and -20.5% France by 20.5%) .

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The automotive sector is indeed the victim of its very strong demand for electronic components for vehicles that are increasingly equipped, from the engine to ABS, including airbags and parking assistance. In a context of resumption of activity after the lifting of health restrictions, manufacturers find themselves in competition with other industries greedy in chips - computers, smartphones, connected objects - which capture a good part of these parts manufactured for the major part. part in Asia.

Unless this shortage "

cannot be resolved quickly, the outlook should be further reduced

" in October, the British Builders Association (SMMT) said on Tuesday.

This situation "

should last a good part of 2022

" especially as "

new outbreaks of the Delta variant of the Covid affect important producing nations in East Asia

".

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Only the Hyundai-Kia group posted higher sales.

But over the first nine months of the year, the leaders Volkswagen and Stellantis float with an increase of 8.1% in sales for the German group and 8.3% for the Franco-Italian-American, after a catastrophic year 2020. .

Despite Dacia's good scores, the Renault group has posted declining sales since the start of the year (-6.5%), like Daimler (-5.6%), Ford (- 11.2%) or Nissan (-12.4%).

BMW-Mini posted an increase of 10.9%, Toyota 19.8% and Volvo 7.4%.

Source: lefigaro

All news articles on 2021-10-15

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