The tank is empty, Europeans don’t plan to buy new cars soon

Bloomberg London | Updated on August 30, 2019

Empty Tank: Intentions to buy a car in the next 12 months remain weak in Europe.   -  REUTERS

The new car registrations have fallen 3.1 per cent in the first half of 2019.

European aren’t buying cars like as they used to and a European Commission survey is giving automakers little reason for hope. A measure of consumers intentions to buy a vehicle in the next 12 months has been edging up, but it remains well below zero.

That looks like a resounding no for an industry that’s already seen new car registrations fall 3.1 per cent in the first half of 2019.

Published on August 30, 2019

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