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New car sales fall in Europe

first_img whatsapp New car sales fall in Europe by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Lifethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health Tags: NULL Share Show Comments ▼center_img Tuesday 16 November 2010 7:57 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp KCS-content CAR sales in the UK and Europe plummeted in October as the end of government help for the car industry and uncertainty about spending cuts took their toll.New car registrations in the EU fell 16.6 per cent to 1.03m versus October 2009, the European Automobile Manufacturers Association said. Demand dipped 5.5 per cent to 11.3m this year so far, the figures showed.Sales in all big European markets fell, with UK?demand dipping 22.2 per cent, in Germany by a fifth, in France 18.5 per cent, in Italy by 28.8 per cent and in Spain by 37.6 per cent.Among carmakers, Italy’s Fiat, America’s Ford and Chrysler and Japan’s Toyota were the biggest losers, falling 32.9 per cent, 29.5 per cent, 43.6 per cent and 28.7 per cent respectively.The best performers was BMW, up 5.1 per cent, Volvo rising two per cent and Mitsubishi gaining 43.2 per cent.Industry experts said the data showed the impact of economic uncertainty and the end of state scrappage schemes, which help people to buy new cars in return for trading in old vehicles.President of the Centre for Automotive Industry Research at Cardiff Business School, Garel Rhys, said the UK scrappage scheme boosted the market by 300,000 cars in 2009 and by 100,000 this year, but he said it benefited the car retail and wholesale industry more than manufacturers.It was likely to be 2013 before the car market returned to the pre-recession level of 2.4m cars sold in 2007, he said. “The fall in the car market is entirely in keeping with the anaemic growth in the economy,” he said.“People are worried about what will happen to their job prospects in the next couple of years.” last_img

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