Ireland and Spain Hit Hardest As Euro New Car Sales Plunge ; Automotive

Summary

---

The slump in the new car market spread throughout Europe in the summer, culminating in a double-digit fall in registrations in August, figures published in Brussels showed yesterday .

Demand fell 15.6 per cent last month following a 7.3 per cent dip in July, according to Acea, the European carmakers' body.

See the full content of this document

Extract

---

Ireland and Spain Hit Hardest As Euro New Car Sales Plunge ; Automotive

The market in 28 countries covered by Acea fell 3.9 per cent over the first eight months as the credit crunch and worsening economic prospects with soaring fuel prices k...

See the full content of this document

---