EU Car Sales Fall Modestly In July On Demand Surge For EVs, Best Month Thus Far In 2020

In terms of volumes, the forecast for 2020 represented the lowest number of new cars sold since 2013, when the industry experienced six consecutive years of decline after the 2008-2009 currency crisis, ACEA said.

“If the current scenario continues to improve, we may start talking about a ‘V’ recovery in the European automotive industry,” said Felipe Muñoz, a global analyst at JATO Dynamics.

“However, there is still great uncertainty about how and when the pandemic will end despite everything, so caution is maintained.”

Among the other styles, the Volkswagen Golf has regained its first position in the ranking of styles.

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