The auto market fell sharply in March.
Registrations in the European Union, EFTA and United Kingdom - according to data from Acea, the association of European manufacturers - were 1,127,077, 18.8% less than the same month last year.
In the first quarter of 2022 a total of 2,753,256 cars were sold, with a decrease of 10.6% compared to the same period of 2021. Stellantis registered 203,515 cars in the European Union, EFTA countries and the United Kingdom in March, on the 30th, 3% less than in the same month of 2021. The share fell from 21% to 18.1%.
In the first quarter, the group's registrations were 523,977, down 21.7% with the share down from 21.7% to 19%.
"Hammer bells" for the Western European car market (EU + Efta + UK) in the first quarter of 2022 with a decrease of 33.6% compared to the level before the pandemic, ie the period January-March 2019. the Centro Studi Promotor which highlights how the result of the last month (March) is worse than that of the entire quarter with a decrease of 36.4% on 2019 and 18.8% on 2021. "The expectations - he explains - they are for a worsening. Projecting the result of the first quarter on the whole of 2022, we obtain a volume of 10,389,645 registrations with a decrease of almost 5.5 million cars compared to 2019 and touches the level of 1993 in the midst of a very serious economic crisis ".
"What is certain - comments Gian Primo Quagliano,
president of the Centro Studi Promotor - is that at the moment there is no sign of a reversal of the trend ". The crisis has hit all the markets in the area except the very small ones in Iceland and Cyprus. The sharpest decline in the first quarter of 2022 compared to in the same period of 2019 Spain (-48.1%) recorded it, followed by the United Kingdom (-40.4%), Italy (-37.1%), France (-34%) and Germany (-28, 9%). Quagliano reports that "registrations of pure electric cars are growing in many countries from the area.
In Germany there is an increase of 29%, in the United Kingdom the growth is even 78.7%, but in Italy there is a decrease of 14.9% due largely to the incentives promised, but still on paper ".
area excluding the very small ones of Iceland and Cyprus.
The strongest decline in the first quarter of 2022 compared to the same period of 2019 was recorded by Spain (-48.1%), followed by the United Kingdom (-40.4%), Italy (-37.1%), France (- 34%) and Germany (-28.9%).
Quagliano reports that "registrations of pure electric cars are growing in many countries from the area. In Germany there is an increase of 29%, in the United Kingdom the growth is even 78.7%, but in Italy there is a decrease in 14.9% largely due to the promised incentives, but still on paper ".
area excluding the very small ones of Iceland and Cyprus.
The strongest decline in the first quarter of 2022 compared to the same period of 2019 was recorded by Spain (-48.1%), followed by the United Kingdom (-40.4%), Italy (-37.1%), France (- 34%) and Germany (-28.9%).
Quagliano reports that "registrations of pure electric cars are growing in many countries from the area. In Germany there is an increase of 29%, in the United Kingdom the growth is even 78.7%, but in Italy there is a decrease in 14.9% largely due to the promised incentives, but still on paper ".