New cars at a portNew cars at a port


European new car sales continue to plummet as supply chain issues continue

  • Latest data from ACEA paints grim picture
  • Last month was worst June across the EU since 1996
  • Volkswagen Group was hardest hit

Time 7:53 am, July 18, 2022

New car registrations in the EU slumped by over 15 per cent in June as supply chain problems and rising inflation continued to dampen sales.

Latest figures from the European Automobile Manufacturers’ Association (ACEA) reveal June saw 886,510 cars registered in dealerships in European Union states – a 15.4 per cent fall on June 2021.

When the UK and European Free Trade countries are added, the overall number of registrations came to 1,066,137 – a 16.8 per cent decline.

It means that across the EU the month was the worst June for volume since 1996, mirroring UK figures.

German giant Volkswagen was the worst-hit carmaker, with registrations falling by 24.4 per cent (EU, EFTA and UK combined).

Stellantis didn’t fare much better, as it recorded a fall of 16.5 per cent.

Analyst LMC Automotive said in an update earlier this month that it didn’t expect the industry to ‘overcome supply constraints anytime soon’.

Bloomberg Intelligence, however, believes the UK and Germany may return to growth in July due to easier year-on-year comparisons.

James Batchelor's avatar

James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large and was the face of Carbuyer’s YouTube reviews. In 2020, he went freelance and now writes for a number of national titles and contributes regularly to Car Dealer. In October 2021 he became Car Dealer's associate editor.

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