European Car Market Shrinks by 7% in June Amid Economic Uncertainty
Europe’s new car market experienced a sharp 7% year-on-year decline in June 2025, with major economies including Germany, France, and Italy recording particularly steep drops, according to figures released on Thursday by the European Automobile Manufacturers’ Association (ACEA). This downturn comes amid a challenging global economic climate, driven by trade tensions, notably tariff threats from […]
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