European car sales hit record low, but carmakers eye recovery from chip shortage crisis

The latest pan-European figures follow on from recent Irish figures showing a strong October for car sales here

Big car firms feel the parts crisis is behind them.

Car sales in Europe skidded to their worst level on record for October, as manufacturers hope the protracted shortage of chips slicing production is finally easing.

New-car registrations fell 29% during the month to 798,693 vehicles, the European Automobile Manufacturers’ Association said, leaving sales for the year only 2.7% higher than at this point in 2020.