European Economic News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Europe's New Car Sales Continue To Decline: ACEA

12/14/2012 2:20 AM ET

Demand for new cars in Europe was down for the fourteenth consecutive month in November, the European Automobile Manufacturers' Association said Friday.

New car registration dropped 10.3 percent annually to 926,486 units.

In the U.K., registrations climbed 11.3 percent, while declining in all other significant markets. Sales were down 3.5 percent in Germany and 19.2 percent in France. In Italy and Spain, sales plunged 20.1 percent and 20.3 percent, respectively.

For January to November period, sales decreased 7.6 percent from the same period a year ago, totaling 11.25 million units, a historical low since 1993, ACEA said.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

comments powered by Disqus