24.1% decline in car sales in Europe in June, according to ACEA 

Sales of passenger cars in Europe fell 24.1% in June compared to the previous year, but the car market has improved since May thanks to the lifting of containment measures intended to combat the coronavirus in the region.

Last month, new car registrations stood at 1,131,843 vehicles in the European Union, Great Britain and the countries of the European Free Trade Association (EFTA), according to figures from the European Association automotive industry (ACEA).

In May, sales fell 56.8% from the previous year.

Sales fell on all European markets, except in France where they increased by 1.2% in June thanks to the implementation of government incentives for low-emission vehicles.

Registrations in Germany were down 32.3% and fell 36.7%, 23.1% and 56.2% respectively in Spain, Italy and Portugal.

Sales of the German group Volkswagen fell 25.9% in June, while Renault and PSA recorded a decrease of 16.3% and 29.6% respectively.

Premium automakers also posted lower sales in June, as BMW’s fell 26.3% and competitor Daimler’s 19.2%.

Over the first half of the year, European car sales fell by 39.5%, a consequence of the economic stoppage caused by the implementation in March of containment measures across Europe to stem the spread of the coronavirus.

Source: 24.1% decline in car sales in Europe in June, according to ACEA – Boursorama

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