
“European car sales fell to a 20-year low in May as record joblessness caused by a recession in the euro area reduced demand at PSA Peugeot Citroen (UG), Renault SA (RNO), Fiat SpA (F)and General Motors Co. (GM) Registrations dropped 5.9 percent to 1.08 million vehicles from 1.15 million a year earlier, the Brussels-based ACEA said today. The figure was the lowest for the month since 1993. The ACEA compiles data for the 27-nation EU plus Switzerland, Norway and Iceland. Peugeot, Renault, Fiat and GM’s deliveries fell at least 10 percent in the region last month as price cuts failed to attract buyers.”
Related posts:
Feinstein Gun Control Bill to Exempt Government Officials
ECB Suspends Cyprus Government Bonds as Collateral
Puerto Rico Boxing Legend Blew $63 Million On Gov't Bonds
Jim Rogers: I am still in wait-and-watch mode on India
Marc Rich, King Of Commodities, Dead At 78
What it costs to raise a royal baby
California says will block crude oil from Trump offshore drilling plan
Chicago ‘Safe Passage’ routes put to test amid more shootings
Justin Amash: NSA Has A Damaging Effect On Our Culture
Verizon Files Patent for Creepy Device To Watch You While You Watch TV
FBI a ‘secret domestic intelligence agency,’ ACLU says
Fortress’s Novogratz says bitcoin is in ‘inning 3 of a 9 inning game’
U.S. builders hoard mineral rights under new homes
Oops: Forgotten smallpox discovered in old storage room near D.C.
Why Buffett Is Betting Big on Housing