The European car market continues to experience a difficult time. According to Jato Dynamics data from the 27 European markets, in March 2022 there were 1,116,419 registrations, an increase of 19% compared to March 2021. Wanting to make a comparison with the pre-pandemic period, the registrations of March 2022 show a decrease of 37% compared to March 2019.
According to Felipe Munoz, Global Analyst at JATO Dynamics, this result is also weighed down by the continued uncertainty of the availability of new cars and the consequences of the outbreak of the terrible conflict in Ukraine on the supply of components.
Although Ukraine is not a large market for European car exports, with a small market compared to its population, it remains an important source of vehicle parts for major European manufacturers.
Looking at the first quarter of 2022 as a whole, the data show an 11% drop in registrations compared to the same period in 2021.
WELL PLUG-IN AND ELECTRIC
In a European car market that is facing several difficulties, plug-in and 100% electric models continue to do well. Together, they totaled 244,801 registrations, surpassing those of diesel models (202,113). In particular, according to Jato Dynamics, there is a greater interest in low-emission models especially in countries such as Switzerland (28% of BEVs and PHEVs, 14% of diesel), the United Kingdom (23% against 10%), France (21% against 16%) and Belgium (24% against 19%).
BEV models accounted for nearly 62% of all low-emission vehicle registrations in March, up 46%. In contrast, plug-in hybrids saw a 22% drop during the month with 93,100 units registered.
TESLA MODEL 3 LEADS THE MARKET
And coming to the best-selling models in March 2022, the Tesla Model 3 beats everyone once again. The electric sedan of the American company was the best-selling car in Europe with 23,013 units. This is not the first time this has happened. To underline a further fact. In third place in the overall ranking we find the Tesla Model Y. A significant result that allowed the American manufacturer to sell more than traditional brands such as Dacia, Citroen, Fiat and Nissan.
In the overall top 10, we also mention the second place of the Peugeot 208, the fourth of the Volkswagen Golf and the fifth of the Dacia Sandero. In the ranking of electric cars, excellent third place of the electric 500 even if clearly detached, in terms of registrations.