By on April 17, 2020

The coronavirus pandemic took a sizable bite out of new car registrations in the European Union last month. Volume was down 51.8 percent in March (including the United Kingdom), according to the European Auto Industry Association. While some of the absent vehicles are potentially waiting on official documents to come through after lockdown measures ease, most can be explained by the general lack of demand. Everyone knew last month would be a tough one, with the nations experiencing worst outbreaks likely see the largest sales disparities.

While no country was left unscathed, Reuters reports that Italy performed quite poorly in comparison to its neighbors. As it was the first European nation to report widespread contagion of COVID-19, that’s hardly surprising, and may indicate that its neighbors are about to find themselves in a similarly undesirable situation.  (Read More…)

Recent Comments

  • dal20402: The whole business model of today’s car dealers is to take information asymmetry and legal monopoly...
  • EBFlex: Jeff S: “Trump’s words” Yeah…here they are “I know that everyone here will soon be...
  • EBFlex: “Uh, no, Trump was the one who shut down the economy.” You gotta lie better than that bud. I know...
  • jkross22: If you know what you want, 80% of the work is done. Problems are introduced when buyers are not...
  • dal20402: There’s a Grandpa Abe gif that would be appropriate here if only we could embed media. Oh, and people...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber