Europe's new car registrations declined at the fastest pace in ten months in June, reflecting the challenging global economic conditions for the auto makers, the European Automobile Manufacturers' Association, or ACEA, said Thursday.
New car sales fell 7.3 percent year-on-year in June, in contrast to the 1.6 percent increase in May. This was the sharpest fall since August, when sales were down 18.3 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.