The European car industry showed further signs of distress as new data revealed car sales were down 6.6 percent for the first half of the year compared with the same period in 2012.
July 16, 2013 at 08:00 AM
1 minute read
The European car industry showed further signs of distress Tuesday, as new data revealed car sales were down 6.6 percent for the first half of the year compared with the same period in 2012.
The European automakers’ association, ACEA, said that there were 6.205 million new car registrations from January to June in the European Union, providing further grim reading for an industry that is struggling amid a deep recession and high unemployment.
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