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European sales in October 2021: Koreans among the best in the worst October in recent years

This October was the worst in recent years in terms of new car registrations. However, some manufacturers benefited from the situation, especially the Korean ones.

The European new car market continues to struggle with the crisis. After last year’s fall in registrations due to covid measures, a production crisis occurred this year due to a lack of components. This has been reflected in registration statistics for several months, which was confirmed in October. Last month, only 798,693 cars were registered in Europe, 29.3% less than a year ago. This is according to statistics from the European Automobile Manufacturers Association (ACEA).

ACEA monitors the statistics of new car registrations in 26 countries of the European Union (except for the unimportant store in Malta), which it adds to sales numbers from Great Britain, Iceland, Norway and Switzerland. Specifically, only 665,001 cars were registered in the EU in October 2021 (-30.3% year-on-year), which is the worst October result ever, as ACEA registration statistics record.

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