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New car registrations in Europe fell 13% year on year in May, as 15 countries including Germany, France, Spain, Italy and the UK recorded double-digit declines in growth. 

Registrations across 27 European markets dropped to 935,854, which is 13% lower than May 2021, figures from market analyst Jato Dynamics have revealed.

Year to date, new registrations dropped to 4,482,46. Jato said it was the second-lowest May result since 1985, just behind 2020, which was severely hampered by the covid-19 pandemic. 

JATO attributed the drop in May to the ongoing global shortage of semiconductors and Russia’s invasion of Ukraine.

Electric vehicle production, which has sustained promising levels of growth in previous months, has been impacted by the supply crisis, the analytics firm claimed.

“The EV boom continues, but it seems that the industry has reached a peak in terms of what it can supply in the current climate,” said Filipe Munoz, global analyst at JATO Dynamics. 

EV and PHEV registrations rose by 3.6% from May 2021 to 179,000 vehicles, while EV market share increased from 16.2% to 19.2%. 

JATO said that the overall sales rankings for May were hit by reduced vehicle availability, with shortages meaning some brands are currently producing more cars than others are physically able to. 

“Due to ongoing shortages, availability is having a significant impact on the composition of the rankings and brands that are producing more vehicles are seeing this reflected in their sales performance,” Munoz said. 

Hyundai-Kia retained a high market share, claiming 10.1% of the total market. The company sold 94,800 units in May, representing a 10% rise compared to 2021, thanks to the continued success of the Hyundai Tucson. 

“It’s remarkable to see Hyundai-Kia secure such an impressive result while other OEMs are struggling to absorb the combined impact of surging inflation, the geopolitical situation in Ukraine, and an ongoing chip shortage,” Munoz added.

The Peugeot 208, meanwhile, was Europe’s best seller for the second consecutive month. The small hatchback achieved 15% growth year-on-year, shifting 18,254 cars across the continent. 

It was followed by the Opel/Vauxhall Corsa (18,166) and the Fiat 500 (17,790), while the Volkswagen T-Roc (16,671) and the Volkswagen Golf (14,937) rounded out the top five. 

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