Automakers

New lockdowns will mean 300,000 lost sales in Europe, analyst firm says

Vehicles at the Skoda factory in Mlada Boleslav, Czech Republic, at the end of April. Inventories ballooned in Europe to an average 110 days earlier this year, LMC Automotive said. (Reuters)
November 21, 2020 07:33 AM

The second round of coronavirus lockdowns, which has closed showrooms in France and the UK, will come at a cost of about 300,000 new car sales in Europe, analyst firm LMC Automotive said.

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