Wednesday, December 22, 2010

Sharp fall in the European car sales

New car sales in Europe fell in November for the seventh consecutive month, showed new numbers.

The European automobile manufacturers' Association (ACEA) said that new vehicle registrations by 25.8% last year fell last month compared to November.

Some were 932,537 cars a month, registered, representing the largest year-on-year drop since 1999.

All markets except Finland, Poland and the Czech Republic of slower sales suffered the ACEA said.Ireland was affected 49.6% in Spain and 36.8% in the United Kingdom, 29.5% in Italy the worst, with new car sales drop of 55.9 %.Umsatz below.

From January to November 13,788,256 of new cars in Europe were registered; 7.1% on the same period of last year.

Earlier this month, the motor manufacturers and traders (SMMT) showed figures from the company that UK had dropped new car sales by 10.7% in June to November.

Comment on when SMMT Chief Executive Paul Everitt, called urgent measures in support of car buyers and the UK industry.

"November has another difficult month for the automotive industry produced and while some consumers to use their purchases the recent VAT reductions may have delayed the demand continues to fall", he said.


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