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EU COMMERCIAL VEHICLES REGISTRATIONS FALL

October 29, 2021
Commercial vehicles

EU commercial vehicles registrations fall 12.3% in September, according to the European Automobile Manufacturers Association (ACEA).


“The microchip shortage negatively affected sales volumes across all segments and in all major EU markets,” said ACEA.

This latest data represents the third monthly consecutive negative reading compared to last year. In August, the figures showed a decrease of 5.4% in August and 11.9% in July.

The decrease in EU commercial vehicles registrations follows a similar pattern as new car registrations, which decreased 23.1% in September.

Meanwhile, participants in the polymer industry, such as producers, compounders, and equipment makers, noted in October a fall in orders from the automotive sector of 30-50%.

And most players did not expect the current situation to improve in the next few months. In fact, some believe the shortage of semiconductors will continue to impact the automotive sector until 2023.

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