New car sales in Europe plummet 74 per cent

New car sales in Europe have dropped 74 per cent since January, the decline attributed to the COVID-19 pandemic. Just 292,180 new cars were sold across the 27 European member states – plus the United Kingdom, Ireland, Norway and Switzerland – in April 2020, according to data from the European Automobile Manufacturers Association. That’s a 74.8 per cent decrease (or 842,940 sales) against the 1,135,120 new car registrations recorded in January 2020.