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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

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