BRUSSELS (Thomson Financial) - New car registrations for European Union
countries along with Iceland, Norway and Switzerland fell 7.9 percent in June
from a year earlier, while registrations for the first half of the year showed a
decline of 2.2 percent, European automobile association ACEA said.
The decline reflected overall difficult economic circumstances, ACEA said.
"Rising inflation and soaring fuel prices were among the main factors
influencing new registrations," it said in a statement.
In June, a total of 1,427,008 new cars were registered. For the first half
of the year, 8,327,922 new cars were registered.
In June, among individual car makers, General Motors Corp. plunged 13.1
percent, PSA Peugeot-Citroen group fell 9.7 percent, Volkswagen AG. dropped 6.1
percent, Renault SA. was down 5.6 percent, Daimler AG. declined 6.0 percent and
Fiat SpA. fell 6.3 percent.
But Bayerische Motoren Werke AG. rose 1.7 percent.
Among other car makers, Ford Motor Co. went up 0.8 percent, Toyota Motor
Corp. dropped 18.0 percent, Nissan Motor Co. fell 5.6 percent and Honda Motor
Corp. plunged 21.5 percent.
nina.chestney@thomsonreuters.com
nc/vs
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|