PARIS (Reuters) – Sales of new cars in Europe fell 24 per cent year-on-year in January to a market plagued by a cory virus epidemic, an industrial survey showed on Wednesday.
According to the European Automobile Manufacturers Association (ACEA), in 2020, car sales in the 27-member European Union fell by about 3.0 million to less than 10 million.
“In January 2021, the EU passenger car market declined sharply, as COVID-related restrictions weighed heavily on sales in the EU,” the ACEA said in a statement.
It said 726,491 vehicles were sold in the month, up from 956,447 in January 2020.
Spain was the hardest hit, down 51.5%, followed by Germany at 31.1% and Belgium at 27.2%.
France performed relatively better, with a decrease of 5.8%, while Italy declined by 14%.
Sweden saw an increase of 22.5%.
The ECEA noted that outside the EU, sales in the UK fell by 39.5%, the worst performance since 1970.
According to Maker, the Volkswagen Group’s sales fell 26.8 percent in January, while the Stellants – the first Fiat – Pivot – Renault fell 26.1 percent to 21.1 percent.