Go to Financial Times original
New car registrations fell nearly 10 per cent in Europe in March in a troubling sign for both the industry and broader consumer confidence on the continent.
In an indication that more European consumers are deferring big-ticket purchases in the credit crunch, mass-market manufacturers all reported lower sales for the month. Most – including Volkswagen, Peugeot, Fiat, General Motors and Ford Motor – reported lower sales for the quarter.
The data, reported by the European Automobile Manufacturers’ Association (Acea) on Tuesday, have sobering implications for a sector facing falling sales in North America and tightening legislation on carbon dioxide emissions, projected to cost carmakers billions of euros in coming years.
more...
Subscribe to:
Post Comments (Atom)
Web Links
- ABC News
- Al Jazeera-English
- AP Breaking News
- Atlanta Journal & Constitution
- BBC News
- Bloomberg
- Boston Globe
- Buzz Flash
- CBC News
- Christian Science Monitor
- CNN
- Common Dreams
- DemocracyNow
- Financial Times
- Ha'aretz
- Huffington Post
- Los Angeles Times
- McClatchy-Washington Bureau
- Media Matters
- MSNBC
- New York Times
- NPR
- Randi Rhodes
- San Jose Mercury News
- SF Gate
- Truthout.org
- UK Guardian
- UK Independent
- USA Today
- Washington Post
- WikiLeaks
No comments:
Post a Comment