| PRESS RELEASEPassenger car registrations: -6.0% in January 2022 |
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Brussels, 17 February 2022 – In January 2022, EU passenger car registrations continued to fall (-6.0%), marking a new historic low in EU car sales for the first month of the year. |
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In January 2022, EU passenger car registrations continued to fall, with the ongoing semiconductor shortage still negatively affecting car sales across the region. Even though a new record for lowest January total (in terms of volume) was set in 2021, this year car registrations contracted by a further 6.0% to reach 682,596 units – marking a new historic low in EU car sales for the first month of the year. Various markets in Central Europe posted gains last month, with Slovakia (+72.6%) and Romania (+55.5%) seeing the strongest growth, although Polish sales contracted by 10.2% in January. In Western Europe, on the other hand, almost all countries posted negative results. Looking at the four major car markets, double-digit losses were seen in Italy (-19.7%) and France (-18.6%), while only Germany posted solid growth (+8.5%) and Spain saw a modest gain (+1.0%). |
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About ACEA- The European Automobile Manufacturers' Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/.
- Contact: Francesca Piazza, Statistics Manager, fp@acea.auto.
About the EU automobile industry- 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.
- Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €76.3 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU's GDP.
- Investing €58.8 billion in R&D annually, the automotive sector is Europe's largest private contributor to innovation, accounting for 32% of total EU spending.
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