European new car sales slump 9.3 pct in May: trade body
Tuesday 15 June 2010
New car sales in the European Union slumped 9.3 percent in May due to the end of government cash-for-clunkers programmes and a tough economic outlook, the ACEA trade association said Tuesday.
After a drop of 7.4 percent in April, new registrations fell to 1,129,508 cars in May, ACEA said in a statement.
"Demand for new cars in the EU declined for the second month this year in May, reflecting the end to government support schemes on the one hand and the further challenging economic situation on the other," it said.
Germany, Europe's biggest car market, saw the steepest fall, with new car sales plunging 35.1 percent. Other big European car markets also saw sharp falls with sales down 13.8 percent in Italy and off 11.5 percent in France.
However, Spain saw sales shoot up 44.6 percent in May albeit from depressed levels last year.
Life & Style blogs
Imagination Quotient tests could lead to smartphone app that boosts your creativity
Ghosting: what to do if you've been a victim
Plus-size clothing: Top fashion brands are finally offering sizes and designs for the fuller-figured
Asexuality: when life isn't all about sex
Twitter deletes plagiarised jokes for 'copyright infringement'
The 9 charts that show the 'left-wing' policies of Jeremy Corbyn the public actually agrees with
Labour leadership contender Jeremy Corbyn says 'we can learn a great deal from Karl Marx'
The last thing Labour needs is a leader like Jeremy Corbyn who people want to vote for
What the Labour party could look like under Jeremy Corbyn
I am the Jeremy Corbyn supporter that many will tell you doesn't exist
Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
- 1 Kenya President Uhuru Kenyatta clashes with President Obama on LGBT equality: ‘Gay rights is really a non-issue’
- 2 Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
- 3 Mers outbreak: Manchester Royal Infirmary A&E closes over suspected cases
- 4 Jon Snow alive? New Game of Thrones toy line suggests he's not among the dead
- 5 Denmark bans kosher and halal slaughter as minister says ‘animal rights come before religion’
£18000 - £23000 per annum: Recruitment Genius: A Sales Executive is required t...
£20000 - £25000 per annum + competitive: SThree: £20000 - £25000 per annum + c...
£25000 - £30000 per annum: Recruitment Genius: This company provides a number ...
£15000 - £45000 per annum: Recruitment Genius: Do you want to work for an exci...