EU October car sales fall 30% on semiconductor shortage

By IM Staff
Published: Friday, 19 November 2021

Passenger car sales in the European Union declined month-on-month in October 2021 due to the continuing global shortage of semiconductors for use in onboard electronics, making it the fourth consecutive month to show a double-digit percentage decrease.

In October, EU passenger car sales decreased by 30.26% year-on-year to 665,001 units, the lowest October volume since 1995, the European Automotive Manufacturers Association (ACEA) said on Thursday November 18.

Despite this, thanks to increased sales from March to...

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