The ACEA Economic and Market Report for the first three quarters of 2020 provides an overview of the EU automotive industry. The report highlights the economic outlook for the EU, as well as passenger car and commercial vehicle registrations and production in both the EU and the world. It also examines trade in the automotive sector, including imports and exports within the EU. The report indicates that the COVID-19 pandemic has had a significant impact on the automotive industry, with a decline in registrations and production in both the EU and the world. However, the report notes that the industry is expected to recover in the coming years.
