The european car market is expected to undergo a historic fall of 25% in 2020

The european car market is expected to register in 2020, a historic fall of 25% due to the health crisis, announced on Tuesday that the builders in a press release. Registrations of new cars in the european Union (outside Uk) are expected to increase from 12.8 million units in 2019 at 9.6 million this year, according to the Association of european automobile manufacturers (ACEA).

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It will be the first decline in the european market after six consecutive years of growth. If a decline was already anticipated in the beginning of the year, its scope has been dramatically increased due to the pandemic of Covid-19, which has paralyzed the commerce and the automotive plants in the spring. At the end of January, the ACEA, which includes 16 manufacturers active in Europe, was forecasting a moderate decline of -2%.

At the end of may, the european car market was down by 41.5 per cent compared to the first five months of last year. The forecast for 2020 "represents the lowest volume of sales of new cars since 2013, a low point which had been reached after six years of decline in the wake of the financial crisis of 2008-09", but as a percentage this fall is "the strongest ever faced by the automotive sector in Europe," said the ACEA.

plans using massive

The organization, which includes 16 manufacturers active in Europe, took the opportunity to call to the aid the european governments. "We call on the political and economic support necessary - both at the level of the european Union and member States - to limit the damage to output and employment," said Eric-Mark Huitema, director-general of the ACEA, as quoted in the press release.

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To boost sales, manufacturers are hoping to include the implementation of the scrappage bonus scheme for the old vehicles scrapped, and the bonus of the purchase, in the countries that have not yet done so. Germany, Spain and France have already adopted plans for using massive, targeting the vehicles that are less polluting in the framework of a "green stimulus". The German government, for example, has doubled aid to the purchase of electric vehicles, from 3,000 to 6,000 euros, while support for the French have been extended to the plug-in hybrid vehicles.

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