EU New Car Sales Fell in September Amid Chip Shortage
October 15 2021 - 2:29AM
Dow Jones News
By Kim Richters
Passenger-car registrations in the European Union declined in
September amid the current shortage of semiconductors, the European
Automobile Manufacturers Association said on Friday.
New car registrations--a reflection of sales--declined 23%
year-on-year to 718,598 vehicles for the month, said the
association, also known as ACEA. The EU's major markets--Spain,
France, Italy and Germany--all reported strong decreases.
"This decrease in sales was largely caused by a lack of supply
of vehicles due to the ongoing semiconductor shortage," it
said.
Meanwhile, new passenger-car registrations across the EU in the
first nine months of the year rose 6.6% to 7.5 million, ACEA
said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
October 15, 2021 02:14 ET (06:14 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart
From Sep 2023 to Sep 2024