European car sales in May fell to a 20-year low
with double-digit plunges for the leading car producers in France and Italy.
The European Automakers' Association ((ACEA - -
Association des Constructeurs Europeens d'Áutomobiles) said on Tuesday that passenger
car sales in the EU in May dipped by 5.9% year-on-year to just above
1m units. That was the lowest level
since May 1993 when new car registrations in Europe were below the
Sales in Germany declined 9.9%
for May compared to 2012; Italy new registrations
dropped by 8%, Frances dipped 10.4% and Ireland was down 22.6%.
However, the UK market was positive with car
sales up 11% in May,
confirming a growth trend in previous months.
Among the big carmakers in Europe, Peugeot-Citroen of France
biggest drop in sales, with new registrations going down by 13.3%,
followed by Fiat's 11% drop.
Europe's biggest carmaker, Germany's Volkswagen,
had a decline of 2.8%. Mercedes-Benz had slightly higher figures, while BMW saw its sales ease by 6.6% in May.
European carmakers had better fortunes elsewhere
with an increase sales to China by 14.4%, while 8%
more units were sold in US.
Tables of makes and country sales [pdf]
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