New car sales in Europe rose 4.9 per cent in October as electric cars outpaced petrol and diesel registrations, European Automobile Manufacturers’ Association data showed on Tuesday.
The European car industry has taken a series of hits this year including U.S. President Donald Trump’s trade tariffs , a slowdown in the Chinese market, and a slower-than-expected transition to electric vehicles.
Recently, concerns about a potential chip supply chain crisis surrounding
