Sales of passenger cars in the EU will fall by 25% year on year in the full 2020 because of the Covid-19 pandemic, the European Automotive Manufacturers Association (ACEA) said on Tuesday June 23.
The major economic crisis facing the auto industry will see car sales in the European Union tumble by more than 3 million units, with only 9.6 million units expected to be sold this year, compared with 12.8 million units in 2019.New car sales in Europe totaled 581,161 vehicles in May 2020, down by 52.26% year on...