Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Passenger car registrations in the EU declined by 21.7pc in the first two months of 2021, according to the European Automobile Manufacturers Association (ACEA). 


Carmakers sold 1.5 million units in January-February, compared with 1.9 million units in the prior-year period as the COVID-19 related lockdowns across member countries softened demand. In this period, Spain’s car sales fell by 44pc while Germany and France saw declines of 25pc and 14pc, respectively, compared to a year ago. 


In February, 771,486 cars were registered across the EU, down by 19.3pc against the same month in 2019. At the Volkswagen Group, sales fell by 20.4pc while Stellantis faced a 22.4pc shortfall compared to last February. 

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