European car market will shrink by 2.4 percent in 2021 – e-cars will overtake diesel


Around 9.7 million new cars were registered in the EU in 2021. According to the Association of European Automakers, this is 2.4 percent less than in 2020. The shortage of semiconductors had an impact, especially in the second half of 2021. The number of new registrations was 3.1 million lower than in the pre-pandemic year 2019.

In December, the share of newly registered all-electric passenger vehicles (BEV) is expected to have overtaken that of diesel in 18 European markets including the UK, the reports Financial Times, which is based on a preliminary evaluation by the car analyst Matthias Schmidt. While 19 percent was for new diesel and hybrid cars, it was a good 20 percent for BEVs.

In its report (PDF) on the annual statistics, ACEA does not provide any information about the type of drive. According to their figures, new registrations in the EU fell by 22.8 percent to almost 800,000 cars in December 2021 alone. According to ACEA, BEV accounted for 9.1 percent of new registrations in the EU in the third quarter of 2021, with diesel cars accounting for 17.6 percent.

Throughout 2021, the decline in new registrations was strongest in Lithuania at 22 percent to a good 31,000, followed by Belgium at 11.2 percent to a good 380,000 and Germany at 10.1 percent to 2.6 million. In Croatia, on the other hand, the car market grew by 24.7 percent to 44,915, in Greece by 24.6 percent to almost 101,000 and in Estonia by 19.1 percent to 22,226 new registrations.

With around 2.4 million new registrations in the EU last year, the European market leader Volkswagen recorded 4.8 percent fewer than in 2020. The number of new registrations of Stellantis vehicles with brands such as Peugeot, Fiat, Opel and Citroën went around 2.1 percent to 2.1 million, Renault cars (including Dacia, Alpine and Lada) by 10.2 percent to one million and Daimler had to cope with a decline of 12.4 percent to just under 550,000.

The number of newly registered Hyundai cars in the EU in 2021 grew by 18.4 percent to 828,000, and Toyota cars by 9.1 percent to 615,000. With 658,000 last year, the BMW Group was able to get rid of 1.5 percent more cars in the EU than in 2020.

16 major European car manufacturers are represented in ACEA: BMW Group, DAF Trucks, Daimler, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Renault Group, Stellantis, Toyota Motor Europe and the Volkswagen Group.


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