Europe: Car market contracts 5.5% in 2010

New passenger car registrations across Europe (EU27) contracted 5.5% in 2010 compared with 2009 levels to 13,360,599 cars. Last year's decline follows a 1.6% drop in 2009. According to the European Automobile Manufacturers' Association (ACEA), results in 2010 were marked by the ending of government fleet renewal schemes in many Subscribe to Automotive World to … Continued

• By Webmaster
• January 14, 2011