New car registration levels crashing in EU ...News

Russia Today - Economy
New car registration levels crashing in EU
source : Russia Today ( News ) () 47
Brussels slapped duties on Chinese-made electric vehicles in July The EU market for new cars saw its biggest drop in over two years in August, according to data from the European Automobile Manufacturers’ Association (ACEA). Registrations of new automobiles fell 18.3% year-on-year across the bloc, with double-digit losses in the region’s three major markets: 27.8% in Germany, 24.3% in France, and 13.4% in Italy, according to the ACEA’s latest data. Spain, the fourth largest car market in the EU, saw a 6.5% decline. Only four EU member states posted slight growth in new car registrations last month, namely Poland,

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