Despite the loss of sales in Bulgaria continues to develop
The new car market in Europe records falls for the ninth month in a row
New car sales in Europe continue to fall. According to report of the European Automobile Manufacturers Association (ACEA), March was the ninth designated month in which the car market ended in the red – the number of registered cars has decreased by 20.5% compared to the same month in 2021 – to 844,187 units.
Experts have cited as the main reason for the shortage of components, which is becoming even more serious after the Russian invasion of Ukraine. In March, it reported on the four largest markets in the EU, the smallest being in Germany (-17.5%). In France the demand is included by 19.5%, in Italy by 29.7%and in Spain by 30.2%.
In this time some markets, including the Bulgarian one, report an increase in sales. In the third month of the year, 2,697 new cars were registered in Bulgaria, which is 25.2% more than in the same month of 2021. The largest growth is observed only in Iceland – 50.2%, Ireland – 40.4% and Romania – 40.2%.
As for the first quarter of 2022, the number of registered new cars decreased by 12.3% – up to 2 245 976 pieces. “Leader” in the ranking of the largest markets in Italy – 24.4%, after France – 17.3%, Spain – 11.6% and Germany – 4.6%.
Bulgaria is on the opposite pole again, as for the quarter 5884 new cars were sold in our country (growth of 19.5%). Romania increased by 39.6%, Slovakia – by 24.8% and Iceland – by 51.1%.
The largest decline in brands in March was reported by Stellantis, whose sales fell by 30.3%. Followed by Volkswagen Group – with 25% and Renault Group – with 12.5%. However, some brands reported growth – Porsche improved by 13.6%, DS – by 22.3% and Dacia – by 17.9%.