New cars in Europe recorded a decline during the months of July and August, but not at the same level as the previous months; This indicates a slow recovery in the European auto sector, which has been hit hard by the Corona pandemic.
According to Reuters, statistics from the European Automobile Industry Association showed that new car registrations decreased in July by 3.7 percent on an annual basis to 1281740 cars in the European Union, Britain and other countries. European Free Trade Association.
The data revealed a 17.6 percent decline in car sales in August to 884,394 cars, as all countries in the region except Cyprus recorded losses compared to the previous year.
Registration declined sharply in Germany and France, while it decreased slightly in Italy.
This came after a further drop in sales, which reached 24.1 percent in June and 56.8 percent in May.
(Amazon fun knowledge)
