European car market went negative again in October

Sales of passenger cars in Europe in October fell by 7.1% and reached 1 million 129 thousand 223 cars. As noted in the European Association of Automobile Manufacturers (ACEA), after the September growth in October, the market again showed the negative dynamics, which is caused by the next quarantine restrictions in a number of European countries against the background of the second wave of coronavirus infection. At the end of ten months of 2020, car sales in Europe were 9 million 696 thousand 928 units (-27.3%). As noted in the review of the European car market for October, Volkswagen sold the largest number of cars in the European Union among automakers - 122,593 cars (-17.2%). Renault took the second place with 79,508 vehicles (+ 1.2%). The third place is occupied by Peugeot, with 75,792 sold cars (-5%). Mercedes-Benz (75,492 units, -3.3%) and Audi (60,796 units, + 19.4%) finished the top five of leaders.