Europe: New car market contracts 7.1% in January

Registrations of new passenger cars in the EU declined 7.1% year-on-year in January 2012, despite one additional business day, on average. In all, 968,769 passenger cars were registered in the region last month, compared with 1,042,991 units in January 2011, according to registration figures released by the European Automobile Manufacturers Association Subscribe to Automotive World to … Continued

• By Webmaster
• February 16, 2012