The war in Ukraine, as well as lockdowns in China, will likely exacerbate supply issues, meaning vehicle sales will continue to suffer from a lack of adequate supply,” LMC said today.

“As a result, most countries in the region recorded double-digit drops in sales, including the four key markets: Spain (-30.2%), Italy (-29.7%), France (-19.5%) and Germany (-17.5%), noted ACEA.* About 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.