Open

Coming up

Don't miss

Replay


LATEST SHOWS

WEB NEWS

Concerns grow as hobby drone use increases

Read more

WEB NEWS

Buffalo residents share stunning images of the snowstorm

Read more

AFRICA NEWS

Senegalese photographer's flashbacks to Africans throughout history

Read more

MEDIAWATCH

Hollande photographed with Julie Gayet on Elysée Palace balcony

Read more

REVISITED

Is Beirut still haunted by ghosts of the civil war?

Read more

THE WORLD THIS WEEK

Band Aid 30 - Hit or Miss? Bob Geldof in Hot Water over Ebola Single

Read more

THE WORLD THIS WEEK

Deal or No Deal with Iran? Home Stretch to Reach Historic Agreement

Read more

FRANCE IN FOCUS

Football scandals: The ugly side of the beautiful game

Read more

#THE 51%

Ending violence against women: The dangers of trial by Twitter

Read more

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

COMMENT(S)