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September 29, 2022
Car News

The European auto market hits the lowest sales volume in nearly 5 years in November

Due to the intensified epidemic, as of early November, at least 12 European countries had announced “blockade” orders, including the five most important auto markets on the continent, namely Germany, Italy, Spain, France and the United Kingdom. The latter two, in particular, have seen a decline of over 27%, causing the continuous decrease of sales in the European auto market.

In November, the total passenger car sales in the 27 EU countries (including the UK temporarily) and the 3 EU countries closed at 1,047,409 units, down by 13.5% year-on-year. Not only did the decline expand to double digits again, which was almost twice as much as in October, but the sales also hit the lowest value for the same period since 2015, only better than the 989,457 units in 2014.

This stopped the cumulative sales of the first 11 months at 10,746,293 units, still down by 26.1% year-on-year. Considering that the epidemic in many European countries in December is still serious and sales cannot be expected too much, the total car sales in these European countries this year may not even reach 12 million vehicles.

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