Tag Archives: eu sales

EU Car Sales Decline 10% in March as Crisis Continues

Sales of new light vehicles in the EU declined once again in March as the rate of contraction increased. During the month passenger cars sales dropped -10.2% compared to – 9.8% less in the first three months of 2012. It was the eighteenth consecutive month of sales declines. Q1 sales of 2,989,486 were weak and apparently getting weaker as the year continues. Continue reading

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EU Car Sales Continue to Evaporate in October – Off -5%

The economic decline of the European Union continued in October as sales of new passenger cars contracted by 5% to 959,412 compared to October of 2011. It was the thirteenth straight month of sales declines across the economically embattled Eurozone as the trade bloc comprised of 27 bickering nations is unable to move out of the economic doldrums. Continue reading

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September EU Vehicle Sales Drop 11%. Eurozone Crisis Unabated

EU new vehicle registrations continued their downward slump in September declining 11% from September 2011. It was the twelfth straight month of sales declines across the economically embattled Eurozone as the trade bloc comprised of 27 bickering nations or tribes heads for its fifth straight year of declining sales. Continue reading

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Ford Europe Sales Plummet in June

Ford Europe sales in June dropped 16.1% to 100,400 units, with a declining market share of 7%, as the Eurozone crisis continues unabated. In a statement, Ford said that it would not match “heavy competitive discounting” by its already loss making European operations. Continue reading

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EU Car Sales Down 8.7% in May. Eight Straight Months of Drops

New passenger car sales in the EU declined 8.7% in May to 1,106,845. It was the eighth consecutive month of sales declines, according to ACEA, the automakers association. Five months into the year, new registrations amounted to 5,442,326 units or 7.7% less than in the same period last year as the EU is headed for its fifth straight year of car sales declines with unemployment at depression levels. Continue reading

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