Business & Finance

Europe 2020 auto sales plunge 23.7%: industry group

  • The market for private cars plunged 23.7 percent to 9,942,509 vehicles.
Published January 19, 2021 Updated January 19, 2021 12:36pm
By

PARIS: New car sales in Europe last year saw an "unprecedented" fall of nearly 24 percent due to the coronavirus pandemic, the European Automobile Manufacturers' Association (ACEA) said Tuesday.

"The market for private cars plunged 23.7 percent to 9,942,509 vehicles due to the pandemic," ACEA said in a statement.