European production falls in 9 months 2022
- From January to September 2022, production in Europe decreased by 6% compared with the same period of the previous year, while global production increased by 6%. This decline corresponds to around 563,000 less vehicles produced. The decline in production was particularly sharp in Western Europe (Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Portugal, Spain, Sweden), where it reached 7.6%, while in Eastern Europe (Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia) it was only 1.4%. In the case of light utility vehicles (LUV), the decline in production was 17.6%, while European passenger car production declined by just under 5%.
- In Eastern Europe, production in Serbia (-66%) and Slovenia (-42%) in particular dropped sharply due to the end of the Fiat 500L (produced in Serbia) and the phasing out of the Smart Forfour (produced in Slovenia). The losses were offset by Romania, which was the only Eastern European country to record an increase (+23%) in production thanks to the production of the Dacia Jogger.
- In Western Europe, production decreased particularly sharply in Finland (-26%), Belgium (-26%) and Portugal (-23%) in the first nine months of 2022. But even major production locations such as Spain (-20%), Italy (-16%) and France (-14%) cannot offer the same production volume as in 2021. Germany is the only country in Western Europe to record a slight increase in production (+4.1%).
- Lower consumer demand, war in Ukraine and loss of several suppliers, problems with the supply of semiconductors, and inflation, which led to a 9.7% drop in demand in Europe in the nine months to 2022, are reasons why only two European countries are recording an increase in production, while production volumes are declining in all other countries.
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