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European new car sales down in July, August


© Reuters. FILE PHOTO – Cars pictured in rush hour traffic along the A100 highway, Berlin, Germany. February 8th, 2021. REUTERS/Fabrizio Bensch

BERLIN (Reuters) – European car registrations dropped in July and August after four months of growth, industry data showed on Thursday, suggesting that a global semiconductor shortage is hitting sales in car dealerships across Europe.

The European Automobile Manufacturers Association (ACEA), showed that new passenger car registrations declined by 23.6% (year-on-year) in the European Union and Britain.

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