Car sales in Europe fell sharply, suffered Fiat and VW

Car sales in Europe fell sharply, suffered Fiat and VW The number of sales of new vehicles in April in Western Europe fell sharply , while the indices of the European automakers decreased, while their Asian competitors increased sales, said automobile manufacturers ' Association ACEA on Thursday.ACEA, the headquarters of which is located in Brussels, said that the number of registrations of new cars in the region fell by 6.5 percent compared with April of last year to 1.2 million vehicles, while the number of cars sold during the first four months of the current year amounted to 5,02 million, which is 3.4% less than a year ago."This is mainly due to two factors: the impact on the General economic situation of the military action in Iraq, and the fact that the Easter holidays this year fell on April, not March, as last year, which complicates the comparison of these figures," said ACEA.Most suffered from reduced sales in April, the largest European automaker Volkswagen, whose sales fell by almost 11 percent in April, the Italian automotive giant Fiat, sold this year to 13 percent less than in the past.The only European brands, whose sales grew, became Citroen belonging to the group PSA Peugeot-Citroen manufactured by BMW Mini and Smart DaimlerChrysler company's.Japanese and Korean automakers continued to increase its share on the European market, most car brands from Asia increased sales in April. At the same time, sales of American giants General Motors and Ford declined.Most analysts forecast a decline in sales in the European automotive market in 2003, at least two percent due to the weak economy and declining consumer confidence.16.05.2003.



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