2022 Europe Automotive Sales Research
Total new vehicle sales in Europe in 2022 were 11.3 million units, down 4.6% from 2021. This was the first decline in European passenger car sales since 2012. The decline in sales was due to a number of factors, including the ongoing COVID-19 pandemic, the war in Ukraine, and the global semiconductor shortage. SUVs continued to gain popularity in Europe in 2022, accounting for 52% of all new vehicle sales. This is up from 48% in 2021. The shift towards SUVs is being driven by a number of factors, including their versatility, spaciousness, and all-wheel drive capability. Electric vehicle sales in Europe continued to grow rapidly in 2022, accounting for 10% of all new vehicle sales. This is up from 9% in 2021. The growth in electric vehicle sales is being driven by a number of factors, including government incentives, declining battery costs, and increasing consumer awareness of the environmental benefits of electric vehicles. The global semiconductor shortage continued to disrupt the automotive supply chain in 2022. This led to production delays and longer lead times for new vehicles.