Sales of new cars in Europe have collapsed since 1995, in Bulgaria by 20.7%

The European Automobile Manufacturers Association reported an unprecedented collapse in new car sales due to the chip supply crisis in September. All countries on the Old Continent reported a decrease during the month, which is a total of 23.1 percent!

ACEA data for Bulgaria show that in September the registrations of new cars decreased by 20.7% to 1446 units compared to 1823 last pandemic September. The result for the first 9 months of 2021 is at the level of 19,040 units (+ 11.8%) compared to 17,029 sales from January 1 to October 1, 2020.

As already “24 hours” wrote, the registrations of new cars in our country are less at the expense of cars up to 5 years of age, which have jumped.

New car registrations in Europe this September totaled 718,598, the weakest market performance this month since 1995. There is a double-digit decline in all four major European markets – Italy (-32.7%), Germany (-25.7%), France (-20.5%) and Spain (-15.7%).

After the end of the first nine months of 2021, the number of new car registrations in Europe is 7,526,613, which is still 6.6% more than in the same period of 2020. In three of the four main European markets there is an increase on an annual basis – Italy (+ 20.6%), Spain (+ 8.8%) and France (+ 8.0%), but in Germany there is a decrease of 1, 2%.

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