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16 September 2021 In August in the EU + EFTA area, registrations of new cars fell by 18.1%. This was noted by Acea, the association of European manufacturers. More generally, in July 2021, the European car market suffered a significant setback after four months of accelerated growth, with new registrations down by 23.2% to 823,949 units in the EU area.



The four main EU markets showed similar trends, all posting heavy losses. The

France

saw the largest decline (-35.3%) in July, followed by

Spain

(-28.9%),

Germany

(-24.9%) and

Italy

(-19.2%).



In August, car registrations across the European Union fell by 19.1% - compared to the same month last year - to reach 622,993 units. For the second consecutive month, the major automotive markets recorded double-digit drops: Spain (-28.9%), Italy (-27.3%), Germany (-23.0%) and France (-15.0%) %).



In the first eight months of 2021, sales volumes recorded a year-on-year increase of 11.2%, with a total of 6.8 million new cars. Despite the weak performance of EU markets during the summer months, substantial gains at the start of the year kept cumulative growth in positive territory.



As a result, each of the four main markets has experienced growth so far this year: Italy (+ 30.9%), France (+ 12.8%), Spain (+ 12.1%) and Germany (+2.5%). %).



Stellantis, -29.4% registrations in August in Europe


The Stellantis group registered 122,836 cars in August in Europe, EFTA countries and the United Kingdom, 29.4% less than in the same month of 2020.



The share is equal to 16 , 9% compared to 19.7%. Since the beginning of the year, registrations have been 1,684,112, 14.8% more than the same period last year with the share going from 20.2% to 20.6%.



The semiconductor crisis


'' Another blow is coming to the car market, exhausted by the pandemic: the semiconductor crisis that is affecting the production of cars in an increasingly serious way. From the data released today by ACEA for the period January-August, in Western Europe (EU + Efta + UK) registrations increased by 12.7% compared to the same period in 2020. This comparison is however misleading as the data of 2020 had been heavily penalized by the pandemic and therefore a rebound in 2021 was absolutely obvious, but this rebound certainly does not reflect the real situation in the automotive sector ''. This was underlined by the Csp, Centro Studi Promotor.



'' To have a true picture, a comparison must be made between 2021 and 2019, which is the year before the pandemic - continues the CSP -. From this comparison it emerges that, compared to the same period of 2019, in January-August 2021 the car market in Western Europe recorded a decline of 24.4%, while at the end of the first half of this year the decline corresponding was 23%. In July and August there was therefore a worsening that should be accentuated in the coming months due to the semiconductor crisis which has led to production stoppages of many car manufacturers ''.



'' Again with reference to 2019, from the data released today by ACEA, some aspects of particular interest emerge - continues the Csp-. The first is that of the 30 Western European markets only the small market in Norway, strongly supported by heavy incentives for electric solutions, is growing (+ 11.5%), while all the other markets are decreasing. In particular, then, if we consider the five largest markets in which almost three quarters of registrations are concentrated, the worst result is that of Spain, which shows a decline of 33.4%, followed by the United Kingdom (-27.5 %), Germany (-27%), France (-23.3%) and Italy (-20%). As you can see, Italy "among the big five" is the country with the least negative result.The cause of our greater resistance is the fact that in Italy the Government and Parliament, very appropriately, have adopted incentives also for the cars most in demand by the public, but with limited emissions, which are those with traditional fueling with CO2 emissions. between 61 and 135 grams per kilometer ''.  



'' As the data show, Italy's advantage over other European countries is in any case limited and this is because the semiconductor crisis in our country is causing severe delays in the fulfillment of car orders - explains the Csp-. In addition, there is little more than 100 million left of the allocation of 200 million usable from 2 August for incentives for cars with CO2 emissions between 61 and 135 grams per kilometer, which should be exhausted by October. It follows that even Italy's slight advantage over the rest of Western Europe will run out by the end of the year just as the semiconductor crisis will begin to bite more heavily ''.



According to Gian Primo Quagliano, president of the Centro Studi Promotor, it is therefore '' necessary for our country to adopt as soon as possible a policy of incentives for the transition to electric cars that goes beyond the episodic interventions and provides permanent support for both the purchase of green cars both for traditional cars with low emissions and with their contribution to the budgets of the car manufacturers they finance the green transition. The occasion is the next budget law and also the national recovery and resilience plan (Pnrr) of the European Union that will bring huge resources to Italy ''.