European car market continues to rise but will close the year negatively

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September The European auto market closed high, marking the second month of the year to rise after August. The European Union market thus continues a two-month recovery streak and welcomes the end of the year with optimism. However, despite the increase, they registered between January and September. 6.78 million unitsa 9.9% less Compared to the first nine months of 2021, the year will predictably end negative.

So, they signed up in September 787,870 cars in the European Union, a 9.6% Compared to the same month of 2021. The four major markets contributed with significant increases, notably Germany with 14.1% and Spaniards with 12.7%, France 5.5% and Italy 5.4%. However, in the accumulated figure for the year, all four fell, with Italian earning the most, 16.3%, and Spanish and German earning the least. 7.4%. Apart from the EU, the UK also closed last month positively. 4.6% It fell 8.2% overall, with 225,269 units.

Since ACEAthe sector’s European employers’ association, They celebrate the rise, but acknowledge that the context is positive because September 2021 was very weak due to the chip crisis that hit the industry in full force.

mixed results

Just like in previous months, almost all car groups fell, except, Hyundai-Kia There were mixed results in September, although most were positive, thanks to stock availability as a result of the chip supply policy. In this sense, Volkswagen Group went up 25.7% up to 196,019 units, stellantis only made one 0.3% Up to 148,761 units. On the contrary, Renault Group a decline 1.2% and Hyundai-Kia did the same 7%. They underlined the 30.5% increase. Mercedes-Benz AG 39.9% raise Mercedes-Benz and 31.4% collapse Mitsubishi3,761 pieces remained. Seats fell 4.7% to 22,243 units.

In the accumulation of the year, the portrait drawn by the data about the fact that the industry has been living as a result of the chip crisis and inflation is much more accurate. Just Hyundai-Kia4.5% and Toyota Group1.6% sold more cars in 2022 than in 2021, while the rest of the groups, particularly Volkswagen Group13.9% (Seat leaves 19.7%), stellantis17.2%, Volvo22.1%, Mazda20% and Jaguar Land Rover19.8%.

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