PARIS, May 18 ― Supply chain issues further hampered the EU car industry in April, data showed today, with sales falling by a fifth from the same period last month. last year.
The lack of computer chips has frustrated automakers for more than a year, with some parts imported from Ukraine also causing problems for manufacturers.
New passenger car registrations in the European Union “saw a significant drop” of 20.6% in April “as supply chain issues continued to weigh heavily on car production”, the Association said. European Automobile Manufacturers (ACEA).
A total of 684,506 units were sold during the month in EU countries.
“With the exception of the pandemic year in 2020, this is the weakest April result in terms of volumes sold since records began,” ACEA said.
All major markets recorded considerable declines, with sales in Italy down by a third, and in France and Germany just over a fifth. Spain fell by 12.1%.
In the first four months of the year, sales decreased by 14.4% compared to 2021.
All European automakers saw huge sales declines in the first four months of the year, with market leader Volkswagen recording an 18% drop.
Stellantis, resulting from the merger of the French Peugeot-Citroën and Fiat-Chrysler, suffered a 26% drop in sales.
South Korea’s Hyundai Group, which includes the Hyundai and Kia brands, overtook France’s Renault for third place in the EU in April by posting a 10.8% increase in sales for the month. -AFP