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Annette Bening on Hollywood, Donald Trump and new film '20th Century Women'

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Hong Kong divided over its future, 20 years after UK handover

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Xenophobic attacks in South Africa cause tension with Nigeria

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A cow named Fine, star of the Paris Agriculture Fair

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Mixed signals from US administration on China's currency

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Students blockade Paris schools to protest suspected police rape

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Displaced people in South Sudan suffer from untreated mental disorders

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Somalia's president asks Al Shabaab to lay down their weapons

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THE DEBATE

Borderline Politics: US-Mexico relations hit a wall (part 1)

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European car sales plunge 25.8%

Latest update : 2008-12-16

European automakers association ACEA said new car sales dropped by 25.8% in November. Ireland is the worst hit of all European countries with a 55.9% drop in new car sales since December 2007.

AFP - New car sales in Europe plunged in November by 25.8 percent as financial and economic turmoil hit the industry hard, the European automakers association ACEA announced Tuesday.
   
With consumers jittery and credit hard to come by, carmakers saw the sharpest fall in sales since 1999 in November, before ACEA's data included figures from the new EU member states.
   
The slump was made even worse by the fact that there were on average two fewer working days for selling cars in November compared to the same month in 2007.
   
"New passenger car registrations in Europe fell by 25.8 percent in November compared to the same month of last year, declining for the seventh month in a row, mirroring the financial and economic crises," ACEA said in a statement.

Date created : 2008-12-16

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