Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

New car sales in the EU tallied to about 8 million units in January-October, down by more than 2.9 million units sold in the same period last year, the European Automobile Manufacturers Association (ACEA) indicated. 


According to the ACEA, the COVID-19 pandemic impacted auto sales across the EU this year, with Spain being the most affected with a decline of 36.8pc during the first 10 months of 2020. Italy and France followed, with sales falling short by 30.9pc and 26.9pc compared with 2019. 


In October, car registrations tallied at 953,615 units, down from 1.03mn cars in the same month last year. Across all member states, sales struggled as many countries in the EU re-imposed COVID-19 related shutdowns to curb the spread of infections. 

Leave a Reply

Your email address will not be published.