Europe's consumers reluctant to buy cars, figures show
Thursday 07 July 2011
Europe's consumers have all but stopped buying new cars, according to figures released this month.
The UK carmakers' association SMMT said July 6 that June demand among British buyers fell 6 percent, following a similar trend set by nearly every major European nation this month.
A total of 183,125 units were sold in Britain in June, according to the figures, with the Ford Fiesta and Ford Focus the country's most popular.
It was a similar story in France, which saw demand fall by 12.6 percent year-on-year, the third consecutive fall and a particularly bad month for Renault, which saw a sales drop of 26 percent.
In Spain, consumers bought even fewer cars - sales were down 31.4 percent and the average age of a car on the Spanish roads is now 10 years, above the European average of seven years.
Italian sales fell by 1.7 percent and only German consumers managed to provide a glimmer of hope - although even they could only manage to buy the same number of cars as in June 2010.
Figures from the country, Europe's largest car market, showed that demand for foreign-built cars fell by six percent, cancelling out a two percent rise in the demand for German-brand models.
Life & Style blogs
Hair loss explained: How and why men go bald
This is how to react when you receive a terrible birthday present
What do the emojis on Snapchat mean?
A pint of water every day is the key to losing weight, scientists say
Ashley Madison hacker could be posting on Twitter as 'Thadeus Zu', researcher claims
Dresden riots: Protesters in Germany attack refugee buses shouting 'foreigners out'
France train shooting: US soldiers speak of the moment they stopped gunman and 'beat him until he was unconscious'
Labour leadership: Jeremy Corbyn accused of 'deluding' young supporters with 'claptrap'
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith calls for urgent ESA overhaul as part of drive to cut down welfare costs
- 1 Video of Irish 'professional boxer' fighting Istanbul neighbourhood goes viral in Turkey
- 3 A pint of water every day is the key to losing weight, scientists say
- 4 Russia 'accidentally reveals' number of its soldiers killed in eastern Ukraine
£13000 - £25000 per annum: Recruitment Genius: Would you like to be part of a ...
£19000 - £23000 per annum: Recruitment Genius: This IT and Telecoms company ar...
£23000 per annum: Recruitment Genius: The Visitor Fundraising Team is responsi...
£30000 - £35000 per annum: Recruitment Genius: This is an opportunity to join ...