In March, car sales in Europe fell 51.8%

In March, car sales in Europe fell 51.8%

April 17, 2020 0 By autotimesnews

The European car market in March fell 1.5 times, analysts said.

Sales of passenger cars in Europe last month “sank” by 51.8%. So, in March, Europeans acquired 853 thousand 077 cars. According to the European Automobile Manufacturers Association (ASAA), the drop in automobile sales in this region (more than one and a half times) is due to restrictions imposed due to the coronavirus pandemic. In many European countries, dealerships have been closed since the second half of March. According to the results of the first quarter of this year, 3 million 054 thousand 703 cars were sold in the EU countries, which indicates a more than 26 percent decline in demand.

 As for the March sales, the best result here belongs to Volkswagen – 98,219 transactions. And this despite a tangible decline – by 26.3%.

 The second in sales in Europe is Mercedes-Benz – 55,473 cars (-36.8%). The next two places also belong to representatives of the German automotive industry – BMW (55,041 copies) and Audi (51,398 cars). The decline in sales of both brands exceeded 40 percent. The Japanese company Toyota closes TOP-5 – 48,254 buyers (-36.6%).