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EU new registrations November 2021: minus 20.5%

New car registrations fell by 20.5 percent in November. With 713,346 registrations, the November level is lower than it has been since 1993.

With the weak November result, new car registrations in the EU have fallen significantly for the fifth month in a row. It is not really a consolation that the registration volume after eleven months at 8,908,862 cars is only 0.04 percent below the previous year. Because 2020 was already an extremely weak year for registrations. The reason for the collapsing numbers is still the global chip shortage and the associated production and delivery difficulties for manufacturers.

Only Great Britain can grow

The EU volume markets are weak like the overall European market. In Germany, 198,258 new cars were registered in November, which corresponds to a decrease of 31.7 percent compared to the previous year. France got off lightly with a minus of only 3.2 percent and 121,994 new registrations. It went down a whopping 24.6 percent to just 104,478 new registrations in Italy. The Spanish market only recorded 66,399 new passenger car registrations in November, which is 12.3 percent below the previous year. The only ray of hope as far as the volume markets in Europe are concerned is ex-EU member Great Britain. Here, 115,706 new cars put on the market even provided an increase of 1.7 percent.,

Stellantis on VW

In line with the shrinking market, the individual car manufacturers are also losing significant market volume. The Volkswagen group is still able to keep up just at the top of new registrations in the EU. With a market share of 21.4 percent, however, it is only a hair's breadth ahead of the Stellantis group, which achieved a market share of 21.3 percent in November. On the other hand, VW can assert its supremacy as the strongest individual brand. The European automobile manufacturers association ACEA noted a market share of 9.2 percent for the Wolfsburg-based company. Renault established itself as the second force in the EU in November with 7.0 percent. Peugeot (6.5%), Toyota (6.1%) and Mercedes (6.0%) follow. BMW has a market share of 5.6 percent, Hyundai has 5.2 percent and Dacia closed November with a 5.0 percent market share. With a market share of 4.8 percent, Skoda is close behind the Romanians, ahead of Kia (4.6 percent), Fiat and Citro├źn (4.3 percent each), Audi (3.9 percent) and Opel (3.8 percent). ). Ford falls back to a market share of only 3.5 percent. Seat lists the ACEA with only 2.7 percent, Volvo with 2.3 percent.,

Conclusion

Chip shortages and production bottlenecks characterize the European new car market, which slumped dramatically in November for the fifth month in a row. The annual result should be at the previous year's level, but that was not good either.

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