UK markets open in 2 hours 22 minutes
  • NIKKEI 225

    29,068.63
    +517.70 (+1.81%)
     
  • HANG SENG

    25,330.96
    +368.37 (+1.48%)
     
  • CRUDE OIL

    82.66
    +1.35 (+1.66%)
     
  • GOLD FUTURES

    1,768.10
    -29.80 (-1.66%)
     
  • DOW

    35,294.76
    +382.20 (+1.09%)
     
  • BTC-GBP

    45,173.44
    +491.93 (+1.10%)
     
  • CMC Crypto 200

    1,464.06
    +57.32 (+4.07%)
     
  • ^IXIC

    14,897.34
    +73.91 (+0.50%)
     
  • ^FTAS

    4,123.97
    +16.09 (+0.39%)
     

European new car sales down in July, August - ACEA

Heavy snowfall in Germany

BERLIN (Reuters) - European car registrations dropped in July and August after four months of growth, industry data showed on Thursday, suggesting that a global semiconductor shortage is hitting sales in car dealerships across Europe.

New passenger car registrations fell by 23.6% and 18.1% year-on-year in July and August, respectively, in the European Union, Britain and the countries of the European Free Trade Association (EFTA), figures from the European Automobile Manufacturers' Association (ACEA) showed.

(Reporting by Riham Alkousaa, editing by Maria Sheahan)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting