European car sales dropped 7.9per cent in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data ...
PARIS: European car sales dropped 7.9per cent in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler , according to industry data published on Wednesday.
Registrations fell to 1.49 million cars last month from 1.62 million a year earlier across the European Union and EFTA countries, the Brussels-based Association of European Carmakers said in a statement. Calendar effects resulted in two fewer sales days in most markets, accentuating the decline.Registrations for the first half closed 3.1per cent lower, ACEA said.
Nissan's aging model lineup contributed to a 26.6per cent June sales slump while Volvo Cars, owned by China's Geely, saw deliveries tumble 21.7per cent. Registrations also fell 13.5per cent last month at FCA, 10.1per cent at BMW , 9.6per cent at Volkswagen Group and 8.2per cent for both Mercedes parent Daimler and France's PSA Group . The Peugeot maker's domestic rival Renault suffered less, posting a 3.9per cent decline.
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