The European PC market (29 countries) fell by 25.5% in 2021 compared to 2019
- The European market (European Union + Great Britain + Switzerland + Norway) for passenger cars fell by 1.5% in 2021 compared to 2020 and by 25.5% compared to 2019, since the year 2020 had already experienced a drop of 24.3% compared to 2019. The European market has therefore stabilized at a low point, due to both the health crisis and the semiconductor crisis, but it is also likely that the strong increase in the average price of cars as well as customer wait-and-see attitude towards electric vehicles is slowing down purchases and encouraging potential customers to keep their car longer or to buy a second-hand car.
- The levels for 2020 and 2021 are therefore lower than those for 2012 and 2013, which had been particularly mediocre. Actuelly we get back to the 1986 level… For 2022, Inovev foresees a slight revival of the European market, with an increase of nearly 5%.
- In 2021, the Volkswagen group has a 25% market share, ahead of Stellantis (20%), Renault-Nissan (12%), Hyundai-Kia (9%), BMW (7%), Toyota (6%) and Daimler (6%). Ford is the manufacturer that suffered the most in 2021 (-20%), with the Renault-Nissan group (-13%) which suffered from the collapse of Mitsubishi (-29%). On the contrary, some manufacturers are seeing their sales progress, such as Tesla (+71%), Hyundai-Kia (+21%), Toyota (+9%), Suzuki (+9%), BMW (+1%), Volvo (+ 1%) and all Chinese manufacturers (+127%) which registered 82,500 cars in Europe in 2021.
- By model, the Volkswagen Golf remains the European market leader in 2021, but it is now closely followed by the Peugeot 208, Peugeot 2008, Renault Clio and Dacia Sandero. The precise figures will only be known in a month.
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