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Europe: Car sales down for 8th consecutive month

New passenger car registrations in the EU declined year-on-year for the eighth consecutive month, dropping to 1,106,845 units in May 2012. Compared with the 1,211,665 cars registered in May 2011, last month's figures were down 8.7%. According to the European Automobile Manufacturers Association (ACEA), on average, there was one business day It’s time to log … Continued

New passenger car registrations in the EU declined year-on-year for the eighth consecutive month, dropping to 1,106,845 units in May 2012.

Compared with the 1,211,665 cars registered in May 2011, last month's figures were down 8.7%. According to the European Automobile Manufacturers Association (ACEA), on average, there was one business day

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