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FRANCE |
 Anyone seeking proof that France’s new car market, like no other major car market in Europe, remains in the icy grip of the region’s worst economic slowdown for decades need only glance at last month’s turnout. On yet another pessimistic note, eight months into the current year, France’s new car sales are currently running at an annualised rate of just 1.8m sales, which marks only the third time since 1999 that France’s annual new car sales have failed to breach the 2m level August lowest level since AID records began This sobering view is born out by news that new car sales this August fell 2.6 per cent to just 83,715 units, which marks the lowest level for this particular month since AID records began. What’s more, last month’s total was almost 25 per cent below pre-crisis August 2007, which was no bell-ringer, either. From yet another historical perspective, the high point for August was 179,072 in 1999. However, the French autoindustry association, keen to put a slightly less pessimistic spin on the market’s recent developments, points out that there was one fewer working day in the month than in August last year...more Less pain in Spain 04 August 2014 > West Europe’s July new car sales grow for 11th time in a row 08 August 2014 Green theme takes root in Sweden’s car market, but not at any price 07 July 2014 DATA
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