Posted by Hibatur Rehman
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.