The car market in Europe is expected to shrink by 26 percent this year compared to pre-corona year 2019. Compared to last year, sales of passenger cars in Europe would be 1 percent lower. This is reported by the umbrella organization of European car manufacturers ACEA today. The sector is pushing for a policy framework that will allow the market to recover and move towards zero emissions.
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Car makers expect a sharp contraction in sales in the European market this year
