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European new car sales fall 56.8% in May – ACEA

European passenger car sales slumped in May but the drop was not as sharp as in the previous month because of an easing of restrictions imposed to contain the coronavirus pandemic, industry data showed today. 

In May, new car registrations dropped by 56.8% to 623,812 vehicles in the European Union, Britain and the European Free Trade Association (EFTA) countries.

This is according to statistics from the European Auto Industry Association (ACEA). 

The drop was less pronounced than a 78.3% plunge in April. 

Sales recorded double-digit declines in all EU markets, with Croatia, Portugal and Spain reporting the biggest drops of 76.2%, 74.7% and 72.7%, respectively.

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