EU new car sales stall in August after promising signs of recovery in July
Published: Monday, 21 September 2020
Sales of passenger cars in Europe slumped again in August after brief signs of a revival in July, according to the latest data from the European Automotive Manufacturers Association (ACEA).
By Maria Tanatar
In July, there were signs of a pick-up in demand with only a
relatively small overall decline of 5.66% year on year
following six consecutive months of double-digit decline.
In August, however, the trend turned to negative again and
demand for cars fell by 18.91%...