European new car sales plunge 55% in March

New car registrations across the European Union suffered a dramatic 55.1 percent fall in March due to the coronavirus crisis.

Renault Dacia car dealer

New car registrations fell 55.1 percent across the EU in March as the coronavirus crisis impacted all major markets.

Lockdown was in place in many countries from the middle of the month, leaving most EU car dealers closed.

This saw demand more than halve, from 1.26 million down to 567,308 vehicles.

Italy suffered the biggest hit, plummeting 85.4 percent.

France was down 72.2 percent and Spain was down 69.3 percent. The fall in Germany was less extreme, but was still down 37.7 percent.

The UK, which the European Automobile Manufacturers Association now lists as an EFTA country, was down 44.4 percent in March 2020.

Major falls

Some car companies were hit worse than others in March. FCA Group, which includes Fiat, Jeep and Alfa Romeo, was down 74.4 percent, due to its heavy reliance on the Italian car market.

Groupe PSA, including Peugeot, Vauxhall and Citroen, suffered a 66.9 percent March 2020 decline, and Renault-Dacia was down 63.7 percent.

Ford was down 60.9 percent.

Volkswagen Group, however, was ‘only’ down 43.6 percent, with Porsche experiencing just a 13 percent decline.

Other brands with ‘less bad’ performances include Volvo (-35.4 percent), BMW-Mini (-39.7 percent) and Toyota (-36.2 percent).

British brand Land Rover fell 39.2 percent, but Jaguar was down 53.5 percent, meaning JLR overall declined 44.1 percent.

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Richard Aucock
Richard Aucockhttps://www.richardaucock.co.uk/
Richard is director at Motoring Research. He has been with us since 2001, and has been a motoring journalist even longer. He won the IMCO Motoring Writer of the Future Award in 1996 and the acclaimed Sir William Lyons Award in 1998. Both awards are run by the Guild of Motoring Writers and Richard is currently vice chair of the world's largest organisation for automotive media professionals. Richard is also a juror and Steering Committee director for World Car Awards and the UK juror for the AUTOBEST awards.

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