New vehicle sales in EU region minus 25% YoY forecast 4:24, June 24

Within the EU=European Union region such as Germany and France, automobile sales have fallen sharply due to the impact of the new coronavirus, and industry groups cannot expect a sharp recovery in the future. The forecast is for a significant decrease of 25% compared to 3 million units.

Due to restrictions on mobility and economic activity within the EU, new car sales by the end of last month have fallen 41.5% from the same period of the previous year.

After that, restrictions on the countries in the region have been relaxed and sales are recovering, but the speed is slow and there is concern about the second wave of infection, so it is unclear when demand will pick up. I will.

In response to this situation, the European Automobile Manufacturers Association announced on the 23rd that the number of vehicles sold this year will fall by 25% year-on-year to more than 3 million units, or 9.6 million units.

The Japan Industry Association urged the implementation of policies to stimulate demand, saying, "We hope that this prediction that it will be the largest decline ever will be improved by the prompt and powerful measures of the EU and governments." I am.

In the EU market, Japanese manufacturers such as Toyota Motor, Nissan Motor, Mazda, etc. have greatly reduced their sales volume, and the situation remains difficult.