European car sales still in decline
BBC news reports that sales of new cars across Europe fell by 9% in March 2009 compared with a year ago, according to the European Automobile Manufacturers’ Association.
It is the 11th month in a row that the sector has seen sales fall, but the figures were slightly better than expected, the association said.
It said government handouts encouraging motorists to trade in old cars for new ones had helped, especially in Germany.
Sales in Germany, Europe’s largest car market, were up 39.9% in March.
But the increase there was not enough to compensate for big drops in new registrations in the UK and Spain. In the UK sales were down by 30.5% while in Spain sales sank 38.7%. Full story…
The Motor Trade Insider Guide To Buying New Cars
Search terms for the article:
- New car registrations in Europe dropped in April compared to last year, the first year-on-year decline for ten months. The [...]...
- European new car sales rose by 3.2% in February compared with February 2009, but fell almost 30% in Germany as [...]...
- Passenger car sales in the EU member states rose 12.9 percent in January, as the effects of scrapping incentive schemes [...]...
- Europe new-car registrations rose 6.3 percent to 1,388,136 in September thanks largely to incentives-driven double-digit increases in four of the [...]...
- Sales of new cars across Europe rose for the first time in 14 months in June, buoyed by a number [...]...
- European new car sales have slumped for a fifth successive month after volumes in September dropped 8.2 per cent year-on-year. [...]...
According to recent research used car buyers are most likely to buy a blue or black 5 door hatchback which is 3 years or older. Does that sound like you? 
![[Valid RSS]](http://www.motor-trade-insider.com/images/valid-rss.png "Validate my RSS feed")
Recent Comments