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Chip crisis pushes European car sales to new low

Car sales in Europe fell to their lowest point since statistics began in 1990

PARIS – EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.

Registrations of new passenger cars in the EU slid by 2.4 percent in 2021, to 9.7 million vehicles, the worst performance since statistics began in 1990, according to data from the European Automobile Manufacturers Association (ACEA).

That follows the historic fall of nearly 24 percent suffered in 2020 due to pandemic restrictions, and brought new car registrations in the EU to 3.3 million below the pre-crisis sales of 2019.

The lack of semiconductors, the computer chips used in a multitude of car systems in both traditional and electric vehicles, was the main…

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