The European passenger car market shrank 18.3% year-on-year in August, shifting from a slight rise in the month prior, said an industry group report on Thursday. New passenger car registrations in the EU fell to 643,637 units in August, the European Automobile Manufacturers’ Association (ACEA) said. Three out of four major EU markets saw double-digit losses in car sales last month – Germany (-27.8%), France (-24.3%), and Italy (-13.4%) – ...