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25 Jun
09:25

EU passenger car registrations to plunge this year

The European Automobile Manufacturers’ Association (ACEA) has issued its latest forecast, expecting car registrations to fall by -25% this year due to the coronavirus pandemic. The previous forecast issued in January indicated registrations in the EU were expected to fall -2%, but the sector has been one of the most hit by the sanitary emergency. “The industry association expects car sales in the European Union to tumble by more than 3 million from 12…
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