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European car sales ‘fall for 12 months in row’

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New car sales in the European Union have fallen for the 12th month in a row in September, according to the region’s biggest carmakers.

Demand across the 27 European Union countries fell 10.8% from last year.

But of the major markets, the UK was the only one to grow, up 8.2% from the same month last year, said the European Automobile Manufacturers Association.

Carmakers had 1.1 million new EU registrations last month – with 9.4 million cars sold this year so far.

In September, the major car markets in the eurozone – which is weighed down by recession, spending cuts and high unemployment – fell sharply.

Germany – the largest economy in Europe and one of the biggest car manufacturers in the world – saw its car sales drop 10.9%. France fell by 17.9%, Italy fell by 25.7% and Spain declined by 36.8% from September 2011.


Posted by on October 16, 2012. Filed under Europe. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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