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European Car Sales Hit 20-Year Low; Don't Worry, Things Have Stabilized

2013-06-20 04:15:40| Auto Dealers - Topix.net

Passenger car sales dropped by 5.9% from May 2012 in the 27-country European Union to 1.042 million units, the lowest level since May 1993 German car sales dropped 9.9% in May, Italy was down 8%, France down 10.4%, Spain down 2.6% Volkswagen had a 2.8% drop in brand sales and 5.9 percent decline for the group.

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