German Car Sales Fell Last Year to Lowest in More Than Three Decades
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Auto sales in Germany skidded last year to the lowest since at least 1990 as the chip supply crisis thwarted hopes for recovery from the pandemic.
New-car registrations plunged 27% in December, the country’s vehicle authority KBA said Wednesday, leaving sales for the year at 2.62 million vehicles. That’s 10% lower than an already poor 2020, when the initial outbreak of Covid-19 shuttered factories and kept buyers away from showrooms.