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| Nov 14, 2008 | |
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European car sales slump
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| BRUSSELS - NEW car sales in Europe slumped 14.5 per cent in October, the sixth consecutive monthly drop as the economic crisis takes hold, the European automakers association ACEA announced on Friday.
Over the first 10 months of the year, new car sales have fallen by 5.4 per cent compared with the same period in 2007. 'Reflecting the financial and exonomic crisis, new car registrations have now decreased for six consecutive months', the association said in a report. -- AFP | |
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