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German Car Sales Fell Last Year to Lowest in More Than Three Decades

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.