European Car Sales Dip for Ninth Consecutive Month in March: ACEA

By Reuters
Reuters
Reuters
April 20, 2022 Updated: April 20, 2022

BERLIN—New car registrations in Europe dropped for the ninth month in a row in March as supply chain problems hampered even further by the war in Ukraine continued to hit the region’s automotive sector, industry data showed on Wednesday.

The number of new vehicles registered in the European Union, Britain, and the European Free Trade Association (EFTA) fell 18.8 percent year on year in March, data from the region’s carmaker association (ACEA) showed.

All four of the major European Union markets—Spain, Italy, Germany, and France—reported a decline in car registrations ranging from 17.5 percent in Germany to 30.2 percent in Spain.

By Miranda Murray

Reuters