EU New Car Sales Declined in January
February 17 2022 - 2:29AM
Dow Jones News
By Kim Richters
Passenger-car registrations in the European Union declined in
the first month of 2022 as the chip shortage continued to affect
vehicle sales, the European Automobile Manufacturers' Association
said on Thursday.
New car registrations declined 6.0% on year to 682,596 vehicles
for the month, said the association, also known as ACEA.
"In January 2022, EU passenger car registrations continued to
fall, with the ongoing semiconductor shortage still negatively
affecting car sales across the region," the association said.
As for the union's four major markets, new car sales in Italy
and France fell strongly but rose in Germany and Spain during the
period.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
February 17, 2022 02:14 ET (07:14 GMT)
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