ACEA: 25 percent drop in car sales for this year expected

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Car sales in Europe may be a quarter lower this year than initially thought. Due to the corona pandemic, the number of passenger car registrations dropped sharply between mid-March and May. After easing preventive measures against the coronavirus, sales are likely to pick up, but according to European industry association ACEA, that is nowhere near enough to make up for the previous year.

For the whole of 2020, the ACEA interest group for the car industry expects to sell 9.6 million cars. That is 3 million cars less than in 2019, when 12.8 million cars were registered.

If the forecast comes out, it would be the strongest drop in European car sales ever in one year. The number of cars sold is then at the same level as in 2013, when sales fell in six consecutive years in the wake of the financial crisis.

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Oliver I. Kjeldsen

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