Car sales in the EU have jumped significantly

For the fourth consecutive month in a row, strong growth has been measured in the EU, which is not surprising as severe restrictions and severe uncertainties over the coronavirus epidemic crashed sales last spring.

According to a report by the Association of European Automobile Manufacturers (ACEA), 1,048,143 passenger cars were registered in the 27 member states of the European Union in June, 10.4 percent more than a year earlier.

As part of measures to curb the spread of the epidemic, most car dealers in the EU closed in the second half of March last year. In March last year, 55.1 percent fewer, just 567,000 new vehicles were put on the roads. The following month, April, which proved to be the worst month of the epidemic in terms of economic performance, the number of new cars on the market fell by 76.3 percent.

Due to the extremely low base, new car sales rose 87.3 percent in March, 218.6 percent in April, and 53.4 percent in May, but in the last two “peace months” before the epidemic, there was still a sharp decline – 19.3 percent in February, and a 24 percent drop in January.

In June, the largest market in Europe, Germany, grew at the strongest rate, with new car sales up 24.5 percent. Of the four largest markets, Germany is followed by Spain with an increase of 17.1 percent, followed by Italy with 12.6 percent. In France, on the other hand, a decrease of 14.7 percent was measured.

In the first half of the year, more than 5.36 million new cars were put on the market in the European Union, 25.2 percent more than a year earlier.

Source: Vezess by

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