China Daily (Hong Kong)

January’s car sales in EU plunge


New car sales in Europe plunged 24 percent from a year earlier to a record low in January as the coronaviru­s pandemic kept the market under pressure, an industry survey showed on Wednesday. In 2020, marked by strict lockdowns and economic upheaval, car sales in the 27-member European Union slumped by some 3 million to under 10 million, according to the European Automobile Manufactur­ers’ Associatio­n. “In January 2021, the EU passenger car market posted an accelerate­d decline, as COVID-related restrictio­ns continued to weigh heavily on sales across the European Union,” the ACEA said in a statement.

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