EU October car sales fall 30% on semiconductor shortage

Passenger car sales in the EU declined month-on-month in October 2021 due to the continuing global shortage of semiconductors for use in onboard electronics, making it the fourth consecutive month to show a double-digit percentage decrease.

In October, EU passenger car sales decreased by 30.26% year-on-year to 665,001 units, the lowest October volume since 1995, the European Automotive Manufacturers Association (ACEA) said on Thursday November 18.

Despite this, thanks to increased sales from...

Published

Elina Virchenko

November 18, 2021

13:05 GMT

Dubai