17 Dec 2020
ACEA: Covid-19 continues to weigh heavily on the cumulative performance of all EU markets
Brussels – New car registrations in the European Union fell by 12.0% to 897,692 units during November, as several European governments introduced new measures to contain the second wave of the Covid 19 pandemic.
The four key passenger car markets - France, Germany, Italy and Spain - all posted declines during the month, according to figures released by the European Automobile Manufacturers’ Association (ACEA) 17 Dec.
France and Spain suffered double-digit drops of 27.0% and 18.7% respectively, followed by Italy and Germany which registered more modest declines of 8.3% and 3.0%.
Over the first 11 months of the year, the European Union car market contracted by 25.5% to roughly 9 million units, representing 3 million fewer cars.
“Eleven months into the year, the impact of Covid-19 continues to weigh heavily on the cumulative performance of all EU markets including the four major ones,” said ACEA.
Spain saw the biggest drop with a 35.3% decline so far in 2020. Italy, France and Germany posted decreases of 29.0%, 26.9% and 21.6% respectively.
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