The ACEA Economic and Market Report for the full-year 2020 provides an overview of the European automotive industry. The report begins with an economic outlook for the EU, followed by a section on passenger cars. The passenger car segment saw a decline in registrations in 2020, with a total of 14.3 million cars sold, down 24.6% from the previous year. The report also covers production, trade, and commercial vehicles in the EU. Overall, the report highlights the challenges faced by the automotive industry in 2020 due to the COVID-19 pandemic.
