european car sales slump for 14th month
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

European car sales slump for 14th month

Arab Today, arab today

Arab Today, arab today European car sales slump for 14th month

Paris - AFP

European new car sales fell in November for the 14th consecutive month, losing 10.3 percent on an annualised basis to 926,486 vehicles, the European Automobile Manufacturers Association (ACEA) said on Friday. Results were uneven across the continent however, with an increase of 11.3 percent in Britain, a small decline of 3.5 percent in Germany, the biggest European car market, and a plunge of 20.3 percent in Spain. Since the beginning of the year, new car registrations in Europe were 7.6 percent below their level in the first 11 months of 2011, at 11.26 million vehicles.A breakdown of the ACEA data showed that luxury German brands were still selling fairly well, with BMW gaining 3.8 percent and Mercedes-Benz edging 1.2 percent higher. South Korean automaker Hyundai, one of the country\'s brands signalled out for criticism by French Industrial Renewal Minister Arnaud Montebourg, posted a gain of 8.7 percent in November compared with the same month a year earlier. Montebourg has claimed several times that South Korean manufacturers were dumping their cars on the European market, a practice of selling goods for less than they cost, to garner market share. In November, European sales by the French group Renault plummeted by 27.7 percent, while those of PSA Peugeot Citroen fell by 15.6 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european car sales slump for 14th month european car sales slump for 14th month

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european car sales slump for 14th month european car sales slump for 14th month

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 01:41 2017 Saturday ,12 August

Moroccan video sparks debate on sexual harassment
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday