Fleet News

European new car sales fall

January’s European car sales fell slightly year-on-year, dropping 0.3% according to figures from the European Automobile Manufacturers’ Association.

 

A total of 1,308,761 cars were registered in the first month of 2008, compared to 1,312,131 in 2007.

The market dropped in the established western European countries, although in new EU member states sales were up 20.1%.

Of the five major markets, only Germany registered more cars than last year, up 10.5%.

Registrations in Britain dropped by 2.1%, France by 5.6%, Italy by 7.3% and Spain by 12.7%.

The fall is attributed to the global credit crunch.
 

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee