VLVLY - EU passenger car registration down 15.4% lowest month of June on record in terms of volume since 1996

• As per the European Automobile Manufacturers’ Association (ACEA), European Union passenger car registrations fell 15.4% to 886,510 units , a lowest month of June on record (in terms of volume) since 1996. In May car registrations dropped 11.2% .
• As supply chain issues continue to limit vehicle output, new car registrations in the EU shrank by 14% to 4.6M units in 1H22.
• For the month, Germany posted the strongest decline of -18.1%, followed by Italy -15%, France -14.2% and Spain -7.8%.
• Past twelve-month sales trend of the EU market:
• For the month of June 187 new electric vehicles were registered vs. to 390 in June 2021.
• Electric Vehicle, Plug-in Hybrids and Hybrids continue to increase their market share, with a combined market share now of 42.5%.
• Petrol continues to remain dominant with 28.22%, Diesel accounts for 26.87%, Hybrid 22.50%, Electric 12.96% and Plug-in Electric Hybrid 7.03%.
• Among passenger car major tickers include: Volkswagen ( OTCPK:VWAGY ) slipped 22.3% Y/Y; Stellantis ( STLA ) fell 17% for the month, Renault ( OTCPK:RNSDF ) was down 0.04%. Toyota ( TM ) down 10.8% , Ford ( F ) -16.6% Y/Y, Volvo ( OTCPK:VLVLY ) -45.7% during the month whereas Daimler ( OTCPK:DDAIF ) up 4.2%.

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