Friday, July 17, 2009
European car sales recovering
Sales of new cars across Europe rose for the first time in 14 months in June, buoyed by a number of national scrappage schemes, figures have shown.
New registrations across 28 European nations rose by 2.4% last month from a year ago, the European Automotive Manufacturers' Association said.
Germany, one of the first countries to pay drivers to trade in old cars, led the gains, with registrations up 41%. In the UK, the rate of decline in new car registrations has slowed, according to previously released figures from the Society of Motor Manufacturers and Traders.
Sales across the 28 European countries totalled 1.46 million in June, up from 1.43 million a year earlier.
DATED: 17.07.09
FEED: AW
