Demand for new cars in Europe was down for the fourteenth consecutive month in November, the European Automobile Manufacturers' Association said Friday.
New car registration dropped 10.3 percent annually to 926,486 units.
In the U.K., registrations climbed 11.3 percent, while declining in all other significant markets. Sales were down 3.5 percent in Germany and 19.2 percent in France. In Italy and Spain, sales plunged 20.1 percent and 20.3 percent, respectively.
For January to November period, sales decreased 7.6 percent from the same period a year ago, totaling 11.25 million units, a historical low since 1993, ACEA said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.