European new car sales drop tenth month in a row in April
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© Reuters. FILE PHOTO – New cars can be seen parked in an industrial area in Malaga (Spain), April 28, 2022. REUTERS/Jon NazcaBERLIN (Reuters – Europe’s new car market fell 10 months in a row due to supply chain challenges, data from the industry showed Wednesday.
Data from the regional carmaker association (ACEA), showed that the April number of cars registered in Europe, Britain, and the European Free Trade Association was only 20.2% less than in April. It stood at 830.447 vehicles.
ACEA said that the fall was caused by the collapse of four major European Union markets – Spain Italy Germany France and Germany.
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