Europe Auto Sales Plunge -7.5% Y/Y In January

ow, the numbers out of Europe – where they can’t just turn around and place the blame on the coronavirus, are looking equally as awful and are sounding a much bigger alarm about the global automotive industry. 

New car registrations fell 7.5% on the year to 956,779 vehicles. The data is ex-UK, which is no longer a part of the EU.