EU new passenger car registrations decline in September
By Iain Gilbert
Date: Friday 15 Oct 2021
(Sharecast News) - New passenger car registrations declined across the European Union to a 26-year September low due to the current global shortage of semiconductors.
According to the European Automobile Manufacturers Association, new car registrations fell 23% year-on-year last month to 718,598 vehicles, with Spain, France, Italy, and Germany all reporting strong decreases.
"This decrease in sales was largely caused by a lack of supply of vehicles due to the ongoing semiconductor shortage," said the ACEA.
Year-to-date, new passenger car registrations were still in the green, up 6.6% to 7.5m.
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN