EU Auto Registrations Plunge In Dismal Pre-Coronavirus January Numbers | WHAT REALLY HAPPENED

EU Auto Registrations Plunge In Dismal Pre-Coronavirus January Numbers

For months we have been commenting about how the global auto market is mired in recession. Most recently, we have been highlighting how China, one of the world's largest economies and auto markets, has been exacerbating things with terrible sales numbers, failed subsidy ideas, disconnect from Beijing and, obviously, the coronavirus.

Many of the new numbers out of China, including a dismal January sales number and expectations for an awful February, are being blamed on the coronavirus (despite the fact that January's number doesn't really even include the virus impact yet).

Now, the numbers out of Europe - where they can't just turn around and place the blame on the coronavirus, are looking equally as awful and are sounding a much bigger alarm about the global automotive industry.

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