Corona, meanwhile, has had a negative impact on the performance of major industries, including the automotive industry, which, according to the latest figures, saw a 95 percent drop in car production and sales in the UK last month.
Khodrocar - The downward trend in car sales and production in European countries coincides with the recent outbreak of the Corona, which the European Automobile Manufacturers Association recently estimated and announced that car sales will fall by 25 percent this year.
The European Automobile Manufacturers Association predicts that the number of registered and sold passenger cars in European countries will fall by 25 percent in the whole of 2020 due to the severe economic crisis caused by the widespread outbreak and coronavirus virus pandemic.
In January, 2020, car sales were projected to fall by only 2 percent, but now analysts and experts at the association appear to have come to a conclusion by examining the critical state of the car market in European countries. Car sales in the region rose from 12.8 million units in 2019 to 9.6 million units this year, which means that we will see a decrease of more than 3 million units.
The situation in the car market has been overshadowed by the widespread spread of the coronavirus in the first half of this year, and although car factories and parts factories in Europe and other parts of the world have reopened and production lines resumed, conditions are normal. Corona has returned and it is expected that this will not happen until the end of 2020.
Meanwhile, according to the latest official statistics and reports, car production and sales in the UK fell by 95% last month. This was despite the fact that car sales in the British market in April had reached its lowest level since 1946 due to the widespread spread of the corona virus with a 97% decrease.
Of course, the United Kingdom is not the only country in which the automotive industry and the car market have suffered greatly from the widespread outbreak of the corona virus.
Sales in the U.S. are expected to fall by 30 percent in June, according to statistics. Although retail demand remains high during the Corona outbreak, the main question for American automakers is whether they can raise their stocks to a level that meets the resurgence of demand. The closure of factories and exhibitions in April and May has seriously damaged the US auto industry.
Although carmakers have been forced to continue their operations despite coronary restrictions, since survival has become a priority, it is expected that market conditions and car production will continue until the pandemic subsides. Do the same in all countries. In this situation, it seems that car companies should anticipate solutions and incentives to maintain the market.