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The European car market in February showed a record drop in the entire history of observations

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In the first two months of 2021, the total number of new car registrations in the European Union was lower than in the same period in 2020.

The European car market in February showed a record drop in the entire history of observations

As reported by Ukrautoprom , in February 2021 New passenger car registrations in the European Union fell 19.3% year on year as measures to contain the novel coronavirus pandemic and related uncertainty continue to weigh heavily on demand.

Last month, the EU recorded 771,486 vehicle sales, the lowest in February on record since 2013. Last month, all four major EU markets recorded declines in registrations. The smallest fall was shown by Italy (-12.3%), while other markets experienced a stronger decline: Germany (-19.0%), France (-20.9%) and Spain (-38.4%). p>

Germany ranks first among the countries in terms of the number of new passenger car registrations - 194,349 cars.

Italy is in second place, where 142,998 cars were registered in February. France closes the top three with 132 637 new passenger cars sold.

As for European manufacturers, the first line is traditionally occupied by VW Group, which sold 199,128 cars in the EU markets within a month, while the drop was -17.8% compared to last year's February.

STELLANTIS is in second place with 188,491 sold cars, which is -21.7% less than a year ago.

And the third result is for RENAULT Group - 72,132 units. (down -27.9%)

In the first two months of 2021, the total number of new car registrations in the European Union was 21.7% lower than in the same period in 2020.

So far this year, demand has dropped in each of the major markets. The worst hit was Spain, where sales almost halved (-44.6%) from last year, followed by Germany (-25.1%), France (-14.2%) and Italy (-13.1%). %).

МЕТАЛЛУРГПРОМ
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