Chip shortage and Ukraine war hit new car sales in Europe



European new car registrations fell by 20% to 821,000 units in April hit by the lack of semi-conductors and uncertainty generated from the war in Ukraine.

EVs posted a 1.4% decline to 154,219 when compared to the identical month very last yr.

Calendar year-to-day, new car registrations fell by 13% to 3.55 million models, the 2nd cheapest end result because at least 1991.

Felipe Munoz, Worldwide Analyst at JATO Dynamics, explained: “It’s about to see European product sales slipping at these types of a rate despite the world wide easing of Covid-19 restrictions.

“The worst of the pandemic broken income for quite a few months, but the chip shortage appears to be like set to be even more sustained in its impact on the marketplace.”

For the initially time previous thirty day period, Stellantis led BEV registrations, with 16,600 models, or 20% of the current market outpacing Volkswagen Team whose quantity fell by 37% adhering to creation problems at its crops.

Hyundai-Kia took 15.1% of the market place, marking an maximize in volume of 61%.

12 months-to-date, Volkswagen is out in front with 18.2% of the EV marketplace and a volume increase of 8%, but this falls brief of its over-all industry share of practically 24%.

Stellantis follows in next spot with 15.7%, compared to a 19.1% share in the total sector.

Tesla will come in at third put with an EV marketplace share of pretty much 15%. This falls to 1.7% in the overall marketplace.



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