New car registrations in Europe fall 76% in April as coronavirus lockdown hit sales
New car registrations in the EU fell 76.3% in April, from the same month a year ago, according to data from the European Automobile Manufacturers Association .
Each of the 27 EU markets recorded double-digit declines in April, but Italy and Spain saw the biggest losses, with car registrations falling by 97.6% and 96.5% respectively. In Germany, sales dropped by 61.1% and France saw an 88.8% contraction in April, according to the association. Germany's economy is particularly reliant on its car industry and auto exports, and car dealerships were among the first businesses that were allowed to re-open on April 20 as long as strict social distancing and hygiene measures were in place.
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