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EU New Car Sales Fell in September Amid Chip Shortage

10/15/2021 | 12:14am EST

By Kim Richters

Passenger-car registrations in the European Union declined in September amid the current shortage of semiconductors, the European Automobile Manufacturers Association said on Friday.

New car registrations--a reflection of sales--declined 23% year-on-year to 718,598 vehicles for the month, said the association, also known as ACEA. The EU's major markets--Spain, France, Italy and Germany--all reported strong decreases.

"This decrease in sales was largely caused by a lack of supply of vehicles due to the ongoing semiconductor shortage," it said.

Meanwhile, new passenger-car registrations across the EU in the first nine months of the year rose 6.6% to 7.5 million, ACEA said.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

10-15-21 0214ET

Stocks mentioned in the article
ChangeLast1st jan.
BMW AG -6.17% 85.51 Delayed Quote.18.39%
DAIMLER AG -5.91% 83.16 Delayed Quote.43.90%
HYUNDAI MOTOR COMPANY -2.14% 205500 End-of-day quote.7.03%
NISSAN MOTOR CO., LTD. -1.63% 628.9 End-of-day quote.12.30%
RENAULT -7.80% 29.61 Real-time Quote.-17.20%
STELLANTIS N.V. -6.84% 15.566 Delayed Quote.13.97%
TOYOTA MOTOR CORPORATION -1.78% 2074.5 End-of-day quote.30.36%
VOLKSWAGEN AG -4.89% 163.94 Delayed Quote.7.56%
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