Auto sales in Europe surged from the nadir reached during the initial Covid-19 outbreak, though demand still came up short of pre-pandemic levels.
New car-registrations soared 256% in April, the European Automobile Manufacturers’ Association said Wednesday, though the year-ago figure was the lowest monthly figure since the lobby group began gathering data in 1990. Sales were about 14% below what the industry averaged for the month in the decade before the pandemic.