2023-09-20 08:45:53
Car sales in the European Union continue to recover significantly from last year’s component shortages. A total of 787,626 new cars were registered in August, 21 percent more than a year earlier, as the European industry association Acea announced in Brussels on Wednesday. August is generally a little weaker in terms of car sales.
This year, however, the recovery has continued to gain momentum: Overall, car sales in the first eight months of the year only grew by an average of 17.9 percent to just under 7.1 million cars. However, that is still almost 2 million fewer than in the pre-Corona year 2019. The shortage of electronic chips and other components slowed car production in 2022.
Registrations of purely battery-electric cars increased significantly once more in August. With 165,165 cars, more than twice as many were newly registered as the year before. In addition, the market share of purely electrically powered cars exceeded the 20 percent threshold for the first time at 21 percent. This was also the second time in a month that it exceeded the share of new diesel registrations. The proportion of battery cars is rising particularly sharply in Belgium, but the increase was also strong in Germany at 170 percent.
Overall, car registrations in most EU sales markets rose by double-digit percentages in August, the association reported. Among the largest markets, Germany recorded the largest increase at 37.3 percent, followed by France at 24.3 percent and Italy at 11.9 percent.
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