European new car sales drop by 25.7% year-on-year in January

European new car sales drop by 25.7% year-on-year in January
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  • calendar-gray 17 February 2021

European car registrations dropped in January, industry data showed on Wednesday, as measures to restrict a second coronavirus wave hit sales in the region’s largest markets, APA reports citing Reuters.

New car registrations dropped by 25.7% year-on-year to 842,835 vehicles in the European Union, Britain and the countries of the European Free Trade Association (EFTA), figures from the European Automobile Manufacturers’ Association (ACEA) showed.

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