Finally some good news car market. After the significant rise in the Spanish market, which increased registrations by 9.1% last August, European market increased by 4.4 percent last monthAccording to data provided by the European Automobile Manufacturers Association (ACEA). in total 650,305 units sold However, it doesn’t channel a very negative year, with 5,996,638 vehicles registered through August accumulating 11.9% less than in the same period of 2021.
ACEA highlights: Good overall performance of all markets throughout August, but five smaller markets fell, while the big four rose, Spain increased 9.1%, Italy 9.9%, Germany 3% and France 3.8%. Outside the European Union, they also closed the month with a 1.2% increase in sales in the UK. The intriguing note came from the Swiss market, which hit last year’s figure with 16,456 vehicles sold.
However, European employers as well as the chip and component supply crisis inflation and ukraine war, They have created an excellent cocktail that has had a very significant impact on the market, doomed to present negative numbers in the year’s accumulation. Contrary to what happened in August, the four major markets fell at least 9.4% in Spain between January and August, followed by Germany (-9.8%), France (-13.8%) and Italy (-18.4%). followed. The UK also lost records at 10.7%, the cumulative figure for the year, with only four small markets rising in 2022.
Almost all groups rise
For most of the year, the Hyundai-Kia group took advantage of stockholding due to its chip accumulation strategy, making it the only group outside Honda – although the Japanese company’s volume was much smaller – improving (+6.1%) between January and August. However, the improvement in almost all groups in August saw Hyundai-Kia close the month down 0.6%.
this Volkswagen Group Remains on the throne with 172,017 units in August sales7.9% more, followed by Stellantis with 111,681 units, 10.6% more. Hyundai-Kia closed the podium above the Renault Group with only 866 units, 62,082 and 61,216 respectively. In addition to Hyundai-Kia, Stellantis, Lexus brands such as Fiat (-2%) and Jeep (-48.7%), as well as Solo Mitsubishi (-36.2%) and Honda (-12.7%) also fell. at Toyota (-26.9%) or Smart (-69%) at Mercedes-Benz AG. As part of the Volkswagen Group, Seat sold 18,231 units, 4.5% more.