PZPM - ACEA - EU registrations results of PC - May 2020

Passenger car registrations: ‐41.5% five months into 2020; ‐52.3% in May

In May 2020, the European passenger car market suffered another sharp drop, with registrations falling by 52.3%. Although COVID‐19 lockdown measures were eased in many countries last month, the number of new cars sold across the European Union fell from 1,217,259 units in May 2019 to 581,161 passenger cars in May of this year.