Tag Archives: august car sales

The crisis in the Eurozone continued unabated as new car sales dropped 9% in August year-over-year after declining by 7.8% in July. As a result, in the 27 countries that comprise the EU, sales dropped to 688,000 vehicles. Year-to-date sales are down to 8.3 million units, the lowest in decades and the fifth straight year of sales declines. Continue reading →