Passenger car registrations: -11.9% eight months into 2022; -10.4% in July and +4.4% in August – ACEA

Choose the ACEA e-mail alerts you want to receive:
By clicking on the ‘Subscribe’ button, you explicitly agree to receiving the different types of e-mail alerts you have selected. You can always unsubscribe by clicking on the link in the footer of any e-mail alert you receive from ACEA. For more information about the processing of personal data, please consult our privacy policy.
Check your inbox or spam folder to confirm your subscription.

Brussels, 16 September 2022 – In July 2022, new car registrations in the European Union decreased again (-10.4%), despite an already low base of comparison caused by the ongoing semiconductor shortage.

In July 2022, new car registrations in the European Union decreased again (-10.4%), despite an already low base of comparison caused by the ongoing semiconductor shortage. All the four major EU markets performed worse than one year ago, with Germany (-12.9%) and Spain (-12.5%) posting the strongest declines.
In August, the European new car market finally returned to growth (+4.4%), bringing an end to thirteen months of consecutive decline. However – with 650,291 units registered – this result remains far below pre-pandemic levels. All the key EU markets positively contributed to the region’s growth, with solid gains seen in Italy (+9.9%), Spain (+9.1%), France (+3.8%) and Germany (+3.0%).
Eight months into 2022, overall volumes contracted by 11.9% to reach nearly 6 million new passenger cars sold. Despite the recent improvement, earlier declines weigh negatively on the cumulative performance. As a result, the four key markets have all faced losses so far this year: Italy (-18.4%), France (-13.8%), Germany (-9.8%) and Spain (-9.4%).