News In Brief

Ticker

EU car sales at 17-year low

17.01.13 @ 09:02

  1. By EUOBSERVER

The number of new cars purchased by Europeans has reached a 17-year low, reports the Wall Street Journal. The European auto industry Wednesday said new registrations for cars dropped by 8.2% last year to a total of 12 million vehicles. Industry experts say demand is low because of market saturation.

COMMENTS

EUobserver encourages comments that contribute to an intelligent debate. It reserves the right to delete comments which it deems abusive or which incite hatred. For questions about any aspect of community participation, please write to mm@euobserver.com.

View comments