The Limited Times

Now you can see non-English news...

Auto: Europe market down 17.5% in November

2021-12-17T08:59:03.741Z


The Stellantis group registered 171,779 cars in Europe and the United Kingdom in several EFTA countries in November, 21.2% less than in the same month of 2020. The share is 19.9% ​​compared to 20.8%. In the eleven months the registrations of the group are 2,201. (HANDLE)


Registrations in Europe plus EFTA countries and the United Kingdom in November were 864,119, 17.5% less than in the same month of 2020. In the eleven months the total was 10,824,670 registrations, 0.8% more than the similar period last year.

The data comes from Acea, the association of European car manufacturers.

The Stellantis group registered 171,779 cars in Europe and the United Kingdom in several EFTA countries in November, 21.2% less than in the same month of 2020. The share is 19.9% ​​compared to 20.8%.


    In the eleven months, the group's registrations totaled 2,201,337, up 0.8% compared to the same period last year. The share of 20.3% remained unchanged. The disastrous red series of data on the Western European car market continues "with a decline of 28.7% compared to November 2019. A decline in line with that of the first 11 months of the year, which, compared to 2019, is 25.6%. According to the President Gian Primo Quagliano, "while the economy is recovering, the Western European car market is proceeding with three cylinders. In fact, the decline between January-November 2021 and January-November 2019 is in fact 25.6% ". The causes of this situation are different - explains the Csp - throughout Europe, even if theautomobile is confirmed as the safest means against the possibility of travel infections, mobility has undergone a sharp contraction. Across Europe, a real tsunami is hitting the car sector: the crisis in semiconductors, which adds to the problems of demand also problems for supply, heavily penalized by production stops due to a shortage of semiconductors. In the first 11 months of 2021, only the small markets of Iceland and Norway recorded growth. All the others are in the red, including the five largest countries which absorb 7 cars for every 10 sold. Germany, again compared to 2019, closes the January-November balance with a decline of 28%, France loses 25.1%, Italy 22.8%, Spain 32.9% and the United Kingdom 28.8%.As regards the prospects for 2022 for the Italian market, the Centro Studi Promotor assumes a volume of registrations of 1,500,000 units for the whole year, with a decrease of 21.7% compared to 2019. "It will be the third consecutive year of passion for the Italian market and there are no reasons to hypothesize that the situation is different in the whole of Western Europe", explains the CSP.

Source: ansa

All tech articles on 2021-12-17

You may like

News/Politics 2024-02-20T12:12:21.484Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.