European car sales fell in January, hit by a sluggish global economy, higher car...
FILE PHOTO: Volkswagen export cars are seen in the port of Emden, beside the VW plant, Germany March 9, 2018. REUTERS/Fabian Bimmer/File Photo
BERLIN - European car sales fell in January, hit by a sluggish global economy, higher car taxes in some EU countries and uncertainty over Britain’s departure from the bloc, the European Auto Industry Association said on Tuesday. In January, new car registrations dropped 7.4% to 1.135 million vehicles in the European Union, Britain and the European Free Trade Association countries, statistics by ACEA showed.
Sales fell 13.4% in France, 7.3% in Germany and 7.6% in Spain. In Sweden, a higher tax on cars, which went into effect in 2020, pushed sales down 18% in January, the biggest drop among EU countries, after a 109% jump in December.
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