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In December 2022, new car registrations in the EU expanded by 12,8%, marking the fifth consecutive month of growth this year. However, in 2022, the European Union passenger car market contracted by 4,6%, mainly due to component shortages in the first half of the year.Although the market improved from August to December 2022, cumulative volumes stand at 9,3 million units, the region\u2019s lowest level since 1993, when 9,2 million units were registered.This content has been archived. Log in or Subscribe to a level that has access to archived content.<\/p>\n","category_list_v2":"Industry<\/a>, Product<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nEU car market at its lowest level since 1993 - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/01\/18\/eu-car-market-at-its-lowest-level-since-1993\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU car market at its lowest level since 1993 - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"In December 2022, new car registrations in the EU expanded by 12,8%, marking the fifth consecutive month of growth this year. 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