The European car market is an important market in the world. Thus, in 2021, nearly twelve million cars (exactly 1,1750,167) were sold on this continent. However, this sales volume is the lowest recorded since 1985. Between 2020 and 2021, the market lost 1.7% of its sales. The reason for this decline is known, it is the lack of electronic components (semiconductors) which has led to site closures, delivery delays, etc. 2022 should mark a further decline in sales as the war in Ukraine disrupts manufacturers who have subcontractor plants in that country.
Germany is the country of cars
Of all the countries that make up the European car market*Germany, which sold 2,622,199 cars in 2021 (although the German market shows a 10.2% decrease compared to 2020) leads sales on the European continent. France ranks second with 1,657,010 vehicles (+06% compared to 2020) while the United Kingdom is closely followed by 1,647,760 sales (+1% compared to 2020). It is followed by Italy (1,465,886 + 5.8%), and Spain with 882,853 sales (-1.1%). Other countries are below 500,000 annual sales, while Cyprus is Tom Thumb, with only 9,393 vehicles sold in 2021.
Electricity that advances
The 1.7% decrease observed in the European market in 2021 did not affect electric and hybrid cars, which saw a significant increase in their sales in 2021. Thanks to tax incentives, sales of these vehicles account for 19% of European registrations. Among the brands that are doing well, we can cite Tesla, with 167,969 cars sold, which achieved a very good result in 2021 (+70.9% compared to 2020). Thanks to the Tesla Model 3 that ranks in the top 50 (and is the 17th), the American manufacturer is ahead. Chinese manufacturers (specializing in electric and hybrid) are also making a leap forward even if their sales are still low. Thus, 65,737 Chinese exhibitors found applicants in 2021, which is an increase of 113.1% compared to 2020.
Asians are doing well
In good progress we can mention the Hyundai-Kia range (+ 20.5%), Suzuki also saw an increase in sales by 14.2%, Subaru by 9.4%, but these are small volume sales with 21022 copies. Even more important is the increase in Toyota sales (+9%) which shows a significant volume with 753,426 vehicles sold in 2021, including the Toyota Yaris that ranked seventh. Despite the decline, the largest sales volume comes from the Volkswagen Group (2,939.787 vehicles -3.4%) which puts the Volkswagen Golf at the top of sales, from Stellants (2,381,030 vehicles – 1.6%) which places the Peugeot 208 and Peugeot 2008 in second place. And the fifth place, respectively, from the Renault-Nissan Alliance, and the Renault Clio, which comes in fourth. It should be noted that with 1,407,301 cars sold in 2021, the Renault group without Nissan and Mitsubishi fell by 11%, the Nissan group by 14.1% and Mitsubishi by 29.2%.
Neck and neck sedan and SUV
Among the best-selling cars, of course, are SUVs, whether compact or family cars. This vehicle class accounts for nearly half of European sales with a total of 5,342,705 vehicles sold. But the sedans (city, compact, family, road) didn’t say their last word but overhauled SUVs with 5,708,065 registrations. The biggest losers remain minivans and MPVs, with their sales down 35.1% compared to 2020 (242,347 vehicles).
*Jato Dynamics European market data covers twenty-eight countries: Germany, Austria, Belgium, Croatia, Cyprus, Denmark, Spain, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Norway, Netherlands, Poland , Portugal, Czech Republic, Romania, United Kingdom, Slovakia, Slovenia, Sweden, Switzerland.