Friday, Dec 02, 2022

European car sales flat in October

That was the first October sales decline since 2012, during the industry's six-year crisis.

Car sales in Europe have contracted, albeit only slightly, for the first time since rebounding from the industry’s longest-ever slump. The European auto manufacturers’ association, ACEA, reported Thursday that car sales declined 0.02 percent in October to 1.1 million units. That was the first October sales decline since 2012, during the industry’s six-year crisis.

India vs England Live score

Sales were down in two of the top markets, dropping by 5.6 percent in Germany and 4 percent in France. Italy grew by nearly 10 percent while Spain was up by 4 percent and Britain up by a modest 1.4 percent. Among mass-market carmakers, Fiat Chrysler showed a healthy 7 percent growth, while larger competitors Renault, PSA Peugeot and Volkswagen all contracted. Luxury carmakers BMW and Daimler had boosts.

Subscriber Only Stories
JK Cement’s SPSU Udaipur Launches ‘Golden Batch 2022’ In Collaboration Wi...Premium
Appendicitis in Children- A new lifestyle disorderPremium
Using evidence will create strong foundations for the future of education...Premium
Re-Defining The Tradition In Folk Art: An Art Educator’s PerspectivePremium

First published on: 17-11-2016 at 02:32:36 pm
Next Story

Nobody knows what patriotism is: Filmmaker Nikkhil Advani

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
close