Home >industry >manufacturing >European car sales plunge in September

Paris: European sales of new cars plunged by 10.8% in September from a year earlier, the European Automobile Manufacturers Association (ACEA) said on Tuesday.

In September, new passenger car registrations fell for the 12th consecutive month to 1.099 million units with a 17.9% retreat in France, a 25.7% drop in Italy and a 36.8% fall in Spain. Sales in Britain grew 8.2%.

French manufacturers Renault was hit particularly hard in the period, ACEA said, with new sales dropping 29.5%. PSA Peugeot Citroen saw sales retreat 8.1% and Germany’s Volkswagen dropped 8.0%.

South Korean builders however continued their successful push into the European market with Hyundai sales up by 3.9% and KIA gaining 3.4%.

Over the nine month period through September, car sales EU-wide (excluding Malta) fell by 7.6% with Italian sales plunging 20.5%. Sales of new units in Britain rose by 4.3% in the January-September period. AFP

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