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Auto News Articles - West Europe new car sales at 9-yr low
News Article
West Europe new car sales at 9-yr low
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Source: CNN News
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Date:11/17/2005
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Source Link: Click Here |
Weak showings in Britain, France and Spain pushed new car sales in Europe down 2.6 percent in October despite fierce discounting and a wave of new models. Excluding purchases in the new EU member states in eastern Europe, the sales data marked the weakest October since 1996. Breaking a four-month run of year-on-year gains, new car registrations in 23 European Union countries plus Norway, Switzerland and Iceland fell to 1.16 million vehicles even though Germany -- the continent's biggest market by far -- grew again.
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