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		</div><p>European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry.</p>
<p>New car registrations sank by 23.7%, or three million vehicles, to 9.9 million units, according to new figures released by the European Automobile Manufacturers Association.</p>
<p>It said lockdowns and other restrictions “had an unprecedented impact on car sales across Europe”.</p>
<p>All major markets recorded double-digit declines, down 32.3% in Spain, 28% in Italy and 25% in France.</p>
<p>Germany suffered a more contained 19% drop.</p>
<p>December sales were just 3.3% lower than the previous year, but performance varied drastically between markets.</p>
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<p>Italy and Spain both had double-digit dips, Germany gained 10% while Spain was flat.</p>
<p>Germany’s Volkswagen shed 3% in market share, while gains were posted by PSA Peugeot and Fiat Chrysler, which on Monday officially launched as a new merged entity, as well as Toyota.</p>
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