The automotive market in October 2021 resulted in a 30.7% drop in registrations linked to the shortage of parts which extended delivery times. In this gloomy context, Dacia, Hyundai and Tesla are doing the best while Peugeot, Renault and Citroën accuse the blow.
New car registrations have once again unscrewed. According to data from NGC-Data®, the market in October 2021 (118,517 registrations) fell by 30.7% compared to October 2020 (171,050 units sold) and 37.3% compared to 2019 (188,987 registrations). Could it be otherwise? No, because the semiconductor crisis worsened in the second half of the year, leading to the shutdown of some factories while others were idling, their activity depending on arrivals from equipment manufacturers. Asked about the subject, the logistics manager of the Renault factory in Douai admitted to having at best only 48 hours of visibility. The end of the year does not look much better with the risk of seeing the 2021 market end in a decline compared to 2020. Over the first 10 months, it remains positive with + 3.1% (1,378,890 units ).
Peugeot takes the lead again
If Renault took the lead in September, Peugeot regained its leadership position in October, followed by the diamond manufacturer and Citroën. Nevertheless, the three French manufacturers are blamed: Peugeot (-37.6%), Renault (-38.1%) and Citroën (-36.9%). Ditto for Volkswagen (-45%), Ford (-51.2%) and Opel (-66.6%). Fourth brand in October, Dacia progressed with + 2.8% as did Hyundai (+ 10.5%) and Tesla (+ 813%). While sales to businesses / long-term rentals (+ 13.1%) and short-term rentals (+ 28.1%) are driving the market, that of individuals is down 7.3%.
Electrified vehicles on their way
The erosion of thermal vehicle sales continues (-43% for gasoline and -57.8% for diesel) in favor of gasoline hybrids (+ 13.7%), electric vehicles (+ 55.2%) and plug-in gasoline hybrids (+ 11.2%). Beyond demand, manufacturers favor the production and delivery of their electrified models in order to achieve their annual goal of reducing CO2 emissions, says CAFE.