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WESTERN EUROPE - Europe’s car sales slide worsens
May’s 9% car sales dive says underlying rate of decline is still accelerating
Published: Mon, 18 June 2012 17:42:02 GMT
 

An already anxious autoindustry received yet another shock this week with news that May saw the 8th consecutive monthly decline in new car sales, with sales literally tumbling off a cliff in all but one market.

Almost halfway through the current year, following a steady and unrelenting acceleration in the rate of decline, West Europe’s new car sales to May already trail last year’s corresponding 5-months levels by 8 per cent.

-8%
Western Europe’s new car sales to May compared to the same period last year


ACEA compiled figures reveal that May car sales in Germany, widely seen as a bellwether for the health and underlying direction of Europe’s new car market, were unexpectedly poor.

The sudden deterioration in Europe’s biggest market more than wiped out a contrasting 7.9 per cent May sales gain in Britain, which stands out as just one in three of the region’s markets where consumers have not yet put away their wallets
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DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

EUROPEAN new CAR sales by MARKET:
European new car sales by country MAY 2012 v MAY 2011
European new car sales by country 5-Months 2012 v 5-Months 2011

WEST EUROPEAN new CAR sales by manufacturer and marque:
W. European new car sales by manufacturer and marque MAY 2012 v MAY 2011
W. European new car sales by manufacturer and marque 5-Mths '12 v 5-Mths '11

 

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