After a one-month reprieve, passenger car sales in Europe slumped again in October amid new restrictions in many countries aimed at containing a resurgence of the coronavirus, the European carmakers’ association reported Wednesday. The European industry registered 953,616 new cars last month, a decrease of 7.8%, and a reversal of fortunes after September marked the first increase of the year, ACEA said. Demand dropped by 21% in Spain, 9.5% in France and 3.6% in Germany. It was flat in Italy, where the effect of government incentives ran out in September “confirming the insufficiency of funds allocated d by the government to help the auto industry,″ Italy’s carmaker association, ANFIA said separately. Only Ireland and Romania in the EU posted gains, at 5.4% and 17.6% respectively. ACEA called the pandemic’s shrinkage of the car market “unprecedented,” with the year-to-date sales down nearly 27%, at some 8 million […]