Europe Car Sales Drop as Economic Uncertainty Weighs on Buyers

European car sales declined the most in five months in February as uncertainty about the economy prompted consumers to hold back on bigger purchases.

New-car registrations fell 3.1% from a year earlier to 963,540 units, the European Automobile Manufacturers’ Association said Tuesday. Spain was the only major market in the region to see a rise in sales, which included a 61% jump in electric-vehicle registrations.