The Tank Is Empty, Europeans Don’t Plan to Buy Cars Soon

(Bloomberg) --

Europeans aren’t buying cars like they used to and a European Commission survey is giving automakers little reason for hope. A measure of consumers’ intentions to buy a vehicle in the next 12 months has been edging up, but it remains well below zero. That looks like a resounding ‘no’ for an industry that’s already seen new car registrations fall 3.1% in the first half of 2019.

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To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

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