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WESTERN EUROPE -
Rough-and-tumble |
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Car sales in Western Europe are now falling at their
fastest rate since mid 2010, raising fears of an
accelerating rate of decline and a notably worse than
earlier expected sales turnout for this year West Europe’s new car market slumped by 10.2 per cent during February, with sales falling in all but seven markets. Adding further to the autoindustry’s worry list, sales of new cars in Germany - considered a bellwether of European autoindustry health - were practically unchanged during these past two months - fresh evidence that the woes of the eurozone crisis have also spread into dealer showrooms in Germany, last year’s main regional growth locomotive
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