Stellantis registrations down 17.5%
In February 2022, new car registrations in Europe (EU + EFTA + UK) continued to contract, registering a drop of 5.4% to 804,028 units with carmakers still facing supply chain disruptions . This was announced by the European Association of Acea manufacturers.
In the European Union, registrations decreased by 6.7% to 719,465 units sold, recording the weakest result in terms of volumes for the month of February since registrations began. The region’s four key markets recorded mixed results. Italy and France recorded double-digit losses (respectively -22.6% and -13%), while Spain and Germany grew (+ 6.6% and + 3.2% respectively).
In the first two months of the year, total registrations of new cars in Europe fell by 3.9% to 1,626,350 units and in the European Union by 6.4% compared to the same period last year. Once again, looking at the four largest markets, Italy recorded the largest decline (-21.1%), followed by France (-15.7%) while the German markets (+ 5.6%) and Spain (+ 4.2%) continued to expand.
As for the Stellantis group, registrations fell by 17.5% to 163,920 units. In the EU alone, the decline is 19.5 per cent. In the whole of Europe, the group’s market share fell to 20.4% from 23.4% in February last year. Among the various brands of the Stellantis group, Peugeot loses the most (-23.4%) followed by Alfa Romeo (-22.7%) and Fiat (-21.8%). Ds increased, with +13.8 per cent. In the January-February period, compared to the same period in 2021, registrations of the entire group fell by 15.1% to 320,662 cars. In February, among other large groups, Volkswagen lost 11.6% while Hyundai gained 25.1% and Toyota 4.7%.
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