Cars
European Car Registrations Drop 8.1% in June amidst Economic Crisis
The latest figures form ACEA, the Brussels-based European carmakers’ lobby, show that the economic recession in Europe has taken its toll on automobile sales. In June, new passenger car registrations dropped by a significant 8.1% across the EU, amounting to 1,233,298 units. According ACEA, contractions ranged from -0.3% in Germany to -1.7% in Italy, -6.2% in the UK, -12.6% in France, -31.4% in Spain and -34.1% in debt-ridden Greece and Portugal.
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European Car Sales Post First Gain In 19 Months Thanks To Growth In Germany, Spain And Uk
Car sales in Europe rose for the first time in 19 months, mainly led by growth in Germany, Spain and the UK. Registrations in April rose 1.8 percent to 1.08 million vehicles, up from 1.06 million cars a year earlier, according to data from the European...
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Volvo Not Affected By Crisis, Will Add More Than 10,000 Workers By 2020 But Most Will Be In China…
Not all car manufacturers are suffering from the economic crisis that is currently raging in Europe. Volvo, for one, is expecting to sell between 430,000-440,000 units this year, compared to 374,000 cars last year. According to the Swedish carmaker’s...
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Italian Ministry Orders 19 Maserati Quattroporte Limos Amidst Severe Eu Economic Crisis
Unless you’ve been living in a cave these past few months and were completely cut-off from the outside world, you’ll surely have heard of the European economic crisis that started with the Greek debt and is now threatening to engulf many...
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European Car Production In 2009 Drops To Lowest Level Since 1996 [plus Many More Facts And Figures]
According to the data in the latest ACEA (European Automobile Manufacturer's Association) Economic Report that was published today, in 2009, total vehicle production in Europe including cars, trucks and buses fell by a whopping 17.3% compared to...
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Carlos Ghosn Elected President Of European Automobile Manufacturers' Association
The titles just keep on coming in for Carlos Ghosn who has been elected by the Board of Directors of ACEA, the European Automobile Manufacturers' Association, as its new President. Carlos Ghosn, CEO and President of Nissan since 2000 and 2001 respectively...
Cars