BERLIN (Reuters) – New car registrations in Europe tumbled almost 30% in October as global semiconductor shortages continued to hurt vehicle supply, industry data showed on Thursday.
With 798,693 cars sold in the region, this was the weakest result for a month of October since records began and the fourth consecutive month of decline in 2021, the European Automobile Manufacturers’ Association (ACEA) said in a statement.
New passenger car registrations fell 29.3% in the European Union, Britain and the countries of the European Free Trade Association (EFTA) compared to last year, figures from the ACEA showed.
(Reporting by Zuzanna Szymanska, editing by Emma Thomasson)
