representative imageberlin european car registrations dropped in october after rising slightly a month earlier industry data showed on wednesday as social restrictions to curb a second wave of coronavirus across europe took a toll on the industry in october new car registrations dropped by 71 yearonyear to 113 million vehicles in the european union britain and the countries of the european free trade association efta figures from the european automobile manufacturers association acea showed europes five largest markets all posted negative results sales in spain and france fell by 21 and 95 respectively while italy germany and the united kingdom registered more moderate drops of 02 36 and 16 respectively advt volkswagen groups and psa sales fell by 75 and 53 in october respectively while renault saw a slight rise of 05 luxury automakers also posted losses in october with bmws sales falling 118 and rival daimlers reporting a 72 drop european governments have been working to save the auto sector which has been badly hit by the collapse in demand caused by the coronavirus crisis germany on tuesday said it would earmark 3 billion euros 36 billion to support the development and production of climatefriendly cars france is extending aid measures set up to help people buy new cars while the italian government is setting aside hundreds of millions of euros to support the sector reuters published on nov 18 2020 at 0129 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app the european free trade association daimler ag daimler s luxury passenger vehicle homenewsindustryeuropean new car sales drop by 71 yy in october acea