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17 Dec
11:37

European auto sector struggles to shift impact of chip shortage

The European automotive sector registered in November its fifth consecutive decline in the number of car registrations, according to ACEA data released on Friday. New registrations fell 20.7% on-year in the European Union and 17.5% in the broader European region, which includes sales in the UK and the EFTA markets of Norway, Iceland, Switzerland and Liechtenstein. ACEA says the new car registrations were the lowest November on record since 1993, in terms of vol…
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