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Share Name Share Symbol Market Type
Volkswagen AG XE:VOW XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.81% 184.75 184.60 184.80 192.25 184.45 188.60 48,747 16:45:00

EU New Car Sales Fell in September Amid Chip Shortage

15/10/2021 7:29am

Dow Jones News


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By Kim Richters

 

Passenger-car registrations in the European Union declined in September amid the current shortage of semiconductors, the European Automobile Manufacturers Association said on Friday.

New car registrations--a reflection of sales--declined 23% year-on-year to 718,598 vehicles for the month, said the association, also known as ACEA. The EU's major markets--Spain, France, Italy and Germany--all reported strong decreases.

"This decrease in sales was largely caused by a lack of supply of vehicles due to the ongoing semiconductor shortage," it said.

Meanwhile, new passenger-car registrations across the EU in the first nine months of the year rose 6.6% to 7.5 million, ACEA said.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

October 15, 2021 02:14 ET (06:14 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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