2022 EU car production and new car sales remain below pre-pandemic levels

The semiconductors shortage remained the main factor limiting EU passenger car production and sales in 2022, especially during the first half of the year, the European Automotive Manufacturers Association (ACEA) said on Tuesday February 7.

The automotive industry is one of the largest consumers of steel, consuming about 12-15% of the global steel production, according to the World Steel Association (Worldsteel).

On average, a car...

Published

Julia Bolotova

Elina Virchenko

February 07, 2023

21:31 GMT

Brussels, Dubai