European new car sales fell for the 11th consecutive month as record inflation and falling consumer confidence joined prolonged supply-chain disruptions.
Registrations in the 27 EU members plus the UK and the EFTA countries fell 13 percent to 948,149 vehicles in May, industry association ACEA said Thursday. Hardest-hit among major automakers was Volkswagen Group, which saw sales drop by 22 percent from the same month last year.