Car Sales Plunge 10% in Germany, 12% in France, 17% in Italy; US Plunge Coming Up

Car Sales Plunge 10% in Germany, 12% in France, 17% in Italy; US Plunge Coming Up

March 4, 2013 0 By News Desk
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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