BERLIN : New car registrations in Europe fell 1.5per cent in 2021, even further below the previous record low of 2020 sales, industry data showed on Tuesday.
A global semiconductor shortage and other supply chain issues have dampened deliveries of cars globally, with many carmakers sitting on half-finished goods and unable to meet demand. Germany was hardest hit among the major EU markets, ACEA's data showed, registering a 10.1per cent sales dip in the year while others such as Italy, Spain and France saw marginal growth.
The number of new vehicles registered in the European Union, Britain and the European Free Trade Association in December was down 21.7per cent year-on-year, marking the sixth month in a row of declines.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New private home sales down 58% in December on the back of cooling measuresSales for the whole of 2021, however, hit an eight-year high. Selective reporting of statistics. Records will show that December to February are a lull for private properties. Year on year or month on month from march to august will be the real gauge.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China records 8.1 per cent growth in 2021, but analysts say recovery has been lacklustre
Source: STForeignDesk - 🏆 4. / 71 Read more »
Indonesia to introduce new tax breaks on property, car sales
Source: STForeignDesk - 🏆 4. / 71 Read more »
Toyota retains top sales spot in 2021, with runner-up BMW narrowing gap
Source: straits_times - 🏆 5. / 69 Read more »
Singapore exports up 18.4% in December, marking 13th straight month of growthSINGAPORE — Singapore’s non-oil domestic exports (NODX) rose by 18.4 per cent year-on-year in December 2021, marking the 13th straight month of growth.
Source: TODAYonline - 🏆 1. / 99 Read more »
New year, new car for FairPrice shopperIt has been a wonderful start to the new year for Ms Choo Gaik Ting. The mother of two was the recipient of a spanking new MG ZS EV from the FairPrice Fortune Car Lucky Draw. The draw, which was conducted on Jan 13, was the first of eight weekly contests where...
Source: thenewpaper - 🏆 7. / 63 Read more »