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Microchip shortages affect car sales in EU in October - ACEA

ZAGREB, 19 Nov (Hina) - Car sales in Europe hit a record low in October due to microchip shortages, the European Automobile Manufacturers' Association (ACEA) said in a statement on Friday.

New passenger car registrations in the European Union dropped by 30% in October on the year, the group said.

Europe's biggest car markets suffered double-digit losses, including -35.7% in Italy, -34.9% in Germany, -30.7% in France and -20.5% in Spain, according to the data on new passenger car registrations.

In Croatia, 2,812 new cars were registered in October, or 8.7% fewer than in October 2020. Two more countries with single-digit losses were Greece and Slovenia, -5.4% and -7.2% respectively.

January-October period sees rise

The period from January to October 2021 saw a rise in the number of new car registrations in the European Union, of 2.2% to 8.2 million vehicles, shows the ACEA report.

Italy recovered with a 12.7% rise. In Croatia, new car registrations jumped 27.6% to 39,947, and only Greece had a higher rise, 31.9%.

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