Auto sales are deteriorating in Europe, with months of meek recovery giving way to deliveries that no longer even measure up to last year’s pandemic-depressed results.
New-car registrations fell 18% in August and 24% in July from year-ago levels, the European Automobile Manufacturers’ Association said Thursday. Sales are now up just 13% for the year, less than half the percentage increase posted at the year’s halfway point.
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September 16, 2021 at 01:00PM
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Europe's Uninspiring Car Sales Turn Ugly Amid Chip Crunch - Bloomberg
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