Europe car sales plunged by the most on record in 2020
New-vehicle registrations fell by a whopping 24% last year
In terms of raw figures, new-vehicle registrations for the whole of 2020 was 11,961,182 as compared to the 15,805,658 recorded back in 2019.
The bright spot is that the return in demand seen in 2H 2020 bodes well for the industry outlook and should lead to a substantial recovery this year.
