Europe’s Car Sales Rally On Hopes Of Virus Victory Stall On Chip Shortage

The post-lockdown rebound in West European car sales has stalled and forecasts for 2021 are being slashed, as fears of renewed coronavirus closures plus the worsening semiconductor shortage faze and thwart buyers. LMC Automotive cut its West European sales growth forecast for 2021 to 3.0% from 9.6%

Source: https://www.forbes.com/sites/neilwinton/2021/08/10/europes-car-sales-rally-on-hopes-of-virus-victory-stall-on-chip-shortage/

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