New car sales in Europe declined by 17.6% year-over-year in August to 884,394 vehicles in the European Union, Britain, and the EFTA countries, based on statistics from the ACEA. Car registrations in Germany and France declined significantly, and slightly in Italy. In July, registrations were down 3.7% YOY to 1,281,740 vehicles. “In the first eight months of the year, sales dropped by around a third as the coronavirus lockdown forced carmakers to close showrooms across Europe,” said Reuters. (Source: Reuters) Read the original article…
