EU car market: May results

EU car market: May results

FineAuto

According to Ukravtoprom, in May 2021, registrations of new passenger cars in the European Union increased by 53.4% ​​compared to last year and amounted to 891,665 units. However, last month’s result is still well below the 1.2 million vehicles sold in May 2019.

There was a significant increase in volumes on the national markets, with Spain showing the greatest growth (+ 177.8%). Three other key EU car markets also performed well in May: France + 46.4%, Italy + 43.0% and Germany + 37.2%.

Germany ranks first among countries in terms of the number of new passenger car registrations – 230 635 cars.

Italy is in second place, where 142,730 cars were registered in May.

France closes the top three with 141,040 new passenger cars sold.

As for European manufacturers, the first line is traditionally occupied by VW Group, which sold 251,078 cars in the EU markets during the month, while the growth was 71.8% compared to last year’s May.

STELLANTIS is in second place with 199,775 cars sold, which is 49.1% more than a year ago.

And the third result is for the RENAULT Group – 84,996 units. (growth + 22.5%)

From January to May 2021, the demand for new cars in the EU increased by 29.5% and reached 4.3 million registered units. The sharp decline in the first two months of 2021 was offset by increases in March, April and May. Each of the four major markets this year posted double-digit percentage growth: Italy (+ 62.8%), France (+ 50.1%), Spain (+ 40.0%) and Germany (+ 12.8%).

News tags
Add your comment

Your email address will not be published. Required fields are marked *