Car Sales Plunge 10% in Germany, 12% in France, 17% in Italy; US Plunge Coming Up
March 4, 2013Spread the love
European bulls lauding the message “the worst is behind” received another dose of reality today. Data shows German car sales plunge as Europe’s auto crisis deepens . New car sales in Germany fell by more than 10 percent year-on-year in February, signaling the crisis for Europe’s auto makers is deepening as recession-hit consumers curb spending.
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Car Sales Plunge 10% in Germany, 12% in France, 17% in Italy; US Plunge Coming Up