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Coronavirus : the european car market was down from 52.3% in may

deliveries of the Renault group decreased by 52.5%, and those of PSA 56.4%. The fall is tough. A victim of the pandemic, the european car market has still fall

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Coronavirus : the european car market was down from 52.3% in may

deliveries of the Renault group decreased by 52.5%, and those of PSA 56.4%.

The fall is tough. A victim of the pandemic, the european car market has still fallen from 52.3% in may from a year earlier, less heavily than in April, however, thanks to the reopening of the dealers in many countries, according to data published Wednesday.

registrations of new cars had already fallen from 55.1% in march in the european Union, and 76.3% in April at the height of the containment. The French manufacturers could not do better than the average for the last month. The deliveries of the group Renault (with Dacia, Lada and Alpine) have declined by 52.5%, and those of PSA (Peugeot, Citroën, Opel/Vauxhall, DS) of 56.4%, announced the Association of european automobile manufacturers (ACEA) in a press release.

Spain suffers the biggest fall

In total, only 581 161 new passenger cars have been put on the roads in the EU as against 1 217 259 in may 2019. Among the major markets, Spain has suffered the sharpest fall (-72,7%), while France (-50,3%), Italy (-49,6%) and Germany (-49,5%) benefited from an early déconfinement.

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in the first five months of the year, the fall of the european market caused by the closure of automotive dealerships in the spring reached 41.5 per cent. A sharp recovery is expected in June, with the acceleration of the déconfinement, the rise in the rate of car factories and the customers back sometimes attracted by the mechanisms of subsidies to the purchase.

But the lost sales between march and may will not be only very partially recovered over the rest of the year. Thus, Alix Partners expects volumes down 32% in Europe over the whole of 2020.

"Serious problems of incomes and costs"

"as global markets were already declining, and that the automotive sector had initiated an historic transformation, abandoning engines for massive investments in the power, the effects of the crisis Covid-19 pose to the whole of the actors of the serious problems of incomes and costs," said the firm in a recent report.

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The manufacturer Jaguar Land Rover has announced Tuesday the elimination of 1100 jobs temporary workers in the Uk and Renault has to remove 15,000 jobs in the world, with 4600 in France. According to the German expert Ferdinand Dudenhöffer, director Center Automotive Research (Car), car production in Germany is expected to drop this year by 26% to 3.4 million units, the lowest in 44 years. A collapse which could result in according to him, the removal of 100 000 jobs in the country.

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