Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Ukraine
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
June 20, 2022 09:09 AM

World automotive demand shrank again in May

Utech Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Oxford, UK – World car registrations in May 2022 were down 10.3% compared with the same month in 2021 at 6.19 m units, according to LMC Automotive. 

    The consultants said that supply bottlenecks are the main problem in most regions, and manufacturers are unable to meet demand in most regions.

    In the US, sales were down 29.2% in May at 1.11 m units. In the same month in 2021, US dealers sold 1.57m units. Prices are high because inventories of cars on lots are low, LMC said.

    Sales in China of 1.9 m units were down 7.7% on the same month last year, when Chinese dealers sold 2.0m units. Although manufacturing numbers were down, the reopening of cities such as Shanghai in April led to a strong sales rebound. 

    In Western Europe, sales were 1.0m units in the month. This is 13.7% lower than the amount sold in May 2021. Consumer demand was higher earlier in the year, but has been dampened by the war in Ukraine.

    Sales in Brazil and Argentina reached 207,000 units in the month. This compares with 197,000 units in the same month in 2021.

    Recommended for You
    Sheela Foams at India Mattresstech Info
    Sheela Foam introduces Australian foam range to home market 
    martin canoe liner 800
    Martin’s moulded urethane wear liner protects conveyors from abrasion
    acacia mangium tree forest istock 800
    PU from acacia bark waste strengthens ramie fibres
    Latest Issue
    urethanes tech feb-march 2023 issue
    Get the latest edition here
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Crain Communications
    11, Ironmonger Lane
    London
    EC2V 8EY
    United Kingdom

    Editorial
    Phone +44 (0) 20 3287 5935
    Email click to send

    Customer Service
    Phone +1 313 446 0450
    Email click to send

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Ukraine
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe