After the -52% drop in March, due to the COVID-19 emergency, in April the European car market situation is even worse, with an overall drop of 78%.
According to data released by ACEA, the Association of European Manufacturers, in April new car registrations in the EU+EFTA+UK area amounted to 292,182 units compared to 1,345,181 in the same month last year, with a loss of 1,052,999 units. The first quarter closed therefore with a 39% decrease equal to 3,346,193 units sold compared to the 5,492,003 sold in the first four months of 2019.
From the analysis of the results of the month per country, all markets show a negative sign, from -34% in Norway to -98% in Italy, still the worst result among the 30 countries.
All 5 Major Markets drop heavily. After Italy (with private sellers reaching -98%, in line with the total market), followed by the United Kingdom (-97.3%, private sellers -99%), Spain (-96.5%, private sellers -98% ), France (-89%, private sellers -85%) and, somewhat distant, Germany (-61%, private sellers -58%). The growth of electric and plug-in cars stopped in April, while the only partial exception is represented by Germany, where plug-in registrations continue to increase.