Europe’s auto sales fall short of 2019’s first half
Europe’s automotive industry sold around two million fewer cars during the first six months of 2021, compared with two years ago as it failed to experience recovery seen in the United States and China.
The European Automobile Manufacturers’ Association saw a 13% increase in registrations, compared with a year ago. These brought a total of 6.49 million sold cars in the first half of the year. Despite a 27% rise from the first six months of last year, it still fell below the levels the industry used to reach pre-pandemic.
The decline in sales was driven by the region’s low inoculation rates and prolonged restrictions in curbing the COVID-19 pandemic. The constrained automakers’ ability to maintain inventory due to the global shortage of semiconductors also became a challenge.
The insufficiency of chips will remain a problem to the production for the years to come, according to the chief executives of Volkswagen.