European new car sales drop by 3.7% year-on-year in December

The new car registrations in the month dropped to 1.215 million vehicles in the European Union, Britain and the countries of the EFTA.Sales at Volkswagen and PSA rose by 8.2% and 1.7% respectively, while Renault reported a drop of 15.6%.
By :
| Updated on: 19 Jan 2021, 12:58 PM
New Mercedes-Benz automobiles are transported on railway wagons near the Mercedes-Benz AG reopened assembly line, operated by Daimler AG, in Sindelfingen, Germany, on Thursday, April 30, 2020. Daimler AG said sales and operating profit slumped in the first quarter as the maker of Mercedes-Benz luxury cars was laid low by the coronavirus. Photographer: Michaela Handrek-Rehle/Bloomberg (Bloomberg)
New Mercedes-Benz automobiles are transported on railway wagons near the Mercedes-Benz AG reopened assembly line, operated by Daimler AG, in Sindelfingen, Germany, on Thursday, April 30, 2020. Daimler AG said sales and operating profit slumped in the first quarter as the maker of Mercedes-Benz luxury cars was laid low by the coronavirus. Photographer: Michaela Handrek-Rehle/Bloomberg (Bloomberg)
New Mercedes-Benz automobiles are transported on railway wagons near the Mercedes-Benz AG reopened assembly line, operated by Daimler AG, in Sindelfingen, Germany, on Thursday, April 30, 2020. Daimler AG said sales and operating profit slumped in the first quarter as the maker of Mercedes-Benz luxury cars was laid low by the coronavirus. Photographer: Michaela Handrek-Rehle/Bloomberg (Bloomberg)
New Mercedes-Benz automobiles are transported on railway wagons near the Mercedes-Benz AG reopened assembly line, operated by Daimler AG, in Sindelfingen, Germany, on Thursday, April 30, 2020. Daimler AG said sales and operating profit slumped in the first quarter as the maker of Mercedes-Benz luxury cars was laid low by the coronavirus. Photographer: Michaela Handrek-Rehle/Bloomberg

European car registrations dropped in December, declining for the third month in row, industry data showed on Tuesday, as measures to restrict a second coronavirus wave hit sales in most of the continent's largest markets.

In December, new car registrations dropped by 3.7% year-on-year to 1.215 million vehicles in the European Union, Britain and the countries of the European Free Trade Association (EFTA), figures from the European Automobile Manufacturers' Association (ACEA) showed.

Similar Cars

Find More Cars
Renault Kwid (HT Auto photo)
Renault Kwid
799 cc | Petrol | Manual | 25 kmpl
₹4.07 - 5.51 Lakhs*Onwards
Renault Triber (HT Auto photo)
Renault Triber
999 cc | Petrol | Manual | 19 kmpl
₹5.12 - 7.98 Lakhs*Onwards
Renault Kiger (HT Auto photo)
Renault Kiger
999 cc | Petrol | Manual
₹5.45 - 10.09 Lakhs*Onwards
Volkswagen Polo (HT Auto photo)
Volkswagen Polo
999 cc | Petrol | Manual | 17.74 kmpl
₹5.83 - 10 Lakhs*Onwards
Renault Renaultkze (HT Auto photo)
UPCOMING
Renault Renaultkze
Electric | Automatic
₹ 6 - 10 Lakhs* *Expected Price

(Also read | Luxury car makers seek reduction in taxes on automobiles in upcoming Budget)

Sales in Europe's five largest markets posted different results. Registrations in the United Kingdom, France and Italy fell by 10.9%, 11.8% and 14.9% respectively, while Germany recorded a rise of 9.9% and sales in Spain remained unchanged year-on-year.

Sales at Volkswagen and PSA rose by 8.2% and 1.7% respectively, while Renault reported a drop of 15.6%.

Luxury automakers also posted losses in December with BMW's sales falling 9.5% and rival Daimler reporting a 14.8% decline.

(Also read | UK carmakers seek Brexit phase-in period to avoid border mess)

ACEA said 2020 saw the biggest yearly drop in car demand since records began, with new car registrations falling by 24.3% compared to 2019.

Spain posted the biggest drops among Europe's largest markets with sales falling 32.3% and while Germany reported a narrower fall of 19.1%.

First Published Date: 19 Jan 2021, 12:58 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city