Automotive Exports March 2021
Automotive Exports March 2021
Automotive Exports March 2021
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EU new car sales<br />
down 24% to<br />
record-low in<br />
January<br />
The January new car sales across Europe<br />
plunged by 24% year-on-year to a record<br />
low as the COVID-19 pandemic kept the<br />
market under pressure, an industry survey<br />
showed .<br />
In 2020, marked by strict lockdowns<br />
and economic upheaval, car sales in the<br />
27-member European Union slumped<br />
by some 3.0 million to under 10 million,<br />
according to the European Automobile<br />
Manufacturers’ Association (ACEA).<br />
“In January <strong>2021</strong>, the EU passenger car<br />
market posted an accelerated decline, as<br />
COVID-related restrictions continued to<br />
weigh heavily on sales across the European<br />
Union,” the ACEA said in a statement.<br />
It said 726,491 vehicles were sold in the<br />
month, down from 956,447 in January<br />
2020.<br />
Spain was the worst hit, with a fall of<br />
51.5%, followed by Germany down 31.1%<br />
and Belgium 27.2%.<br />
France fared comparatively better, with a<br />
drop of 5.8% while Italy was down 14%.<br />
Sweden managed an increase of 22.5%.<br />
Outside the EU, sales in the UK plummeted<br />
39.5%, the worst performance since 1970,<br />
the ACEA noted.<br />
By maker, Volkswagen group sales tumbled<br />
26.8% in January, with Stellantis – formerly<br />
Fiat-Peugeot – down 26.1% as Renault lost<br />
21.6%. German giant Volkswagen, once<br />
the best global auto seller, has already<br />
lost its top place to Japanese Toyota with<br />
the effect of declining sales in 2020. The<br />
pandemic year, meanwhile, saw Turkey<br />
jumping in overall auto sales rank in<br />
Europe as the only country with sales in<br />
positive territory. Turkey saw the sales<br />
jumping 57.5% year-on-year to 610,109<br />
units in 2020, the data by the <strong>Automotive</strong><br />
Manufacturers Association (OSD) showed<br />
earlier in January<br />
<strong>March</strong> <strong>2021</strong> 22