Contraction in automotive in Europe moved to 9th month

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Car sales in Europe also decreased in March as problems in supply chains and the war in Ukraine affected the regional automobile industry.

With the decline in March, automobile sales in Europe fell for 9 months in a row.

According to the data of the European Automobile Manufacturers Association (ACEA), new automobile sales in the European Union and the European Free Trade Association (EFTA) decreased by 19 percent in March compared to the same month of the previous year.

Automobile sales in Spain, Italy, Germany and France, the four largest markets of the European Union, decreased by 17.5 percent in Germany and 30.2 percent in Spain.

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