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EU Car Sales Drop 14th Consecutive Month; - 20.1% in Italy, 20.3% in Spain, 19.2% in France
Published : December 16th, 2012
139 words - Reading time : less than a minute
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Keywords :   Europe | European Union | France | Germany | Italy | Spain |

 

 

 

 

Car sales are up in the UK, but down 10% on average in the EU. Overall sales, including the UK, are down for the 14th consecutive month.

From Google Translate
Car sales plunge another 10% in Europe and UK only grows.

In the markets of the European Union, in November, with the same computation of working days in November 2011, highlights the sharp rise of 11.3% for the UK, while other high-volume markets have reduced their records: 3.5% in Germany, 19.2% in France, 20.1% in Italy, and 20.3% in Spain.

From January to November, the scenario is similar, with the UK as the only major market expansion (+5.4%) and Germany (-1.7%), Spain (-12.6%), France (-13.8%) and Italy (-19.7%) in contraction.

The used passenger car market declined 5.6%

 

These are dismal numbers with pronounced deterioration in Spain, France, and Germany.


 

 

Data and Statistics for these countries : France | Germany | Italy | Spain | All
Gold and Silver Prices for these countries : France | Germany | Italy | Spain | All
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Mish

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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