Volvo Cars continues to impress Europe despite uncertainty in that market


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Friday, 15 July 2011
After having a buoyant European car market in May, markets have turned around to back side in June.
The European car market fell by 8.1 percent over the same month last year. For the first six months, new registrations could be summed to have decreased by 2.1 percent, according to statistics from European trade association ACEA.

Over the first six months of 2011, a total of 7,120,499 new cars was registered or 2.1 percent less than in the first half of last year. In June, new passenger car registrations dropped by 8.1 percent in the EU, amounting to 1,233,298 units. The month counted on average 0.7 working days less across the region.


In June, all important markets faced a downturn, leading to an overall 8.1 percent fall across the EU according to Asea .

The contraction has been accounted to range from -0.3 percent in Germany to -1.7 percent in Italy, -6.2 percent in the UK, -12.6 percent in France and -31.4 percent in Spain.

Car registrations in Sweden showed a decrease of 2.8 percent in June, as previously reported by Bil Sweden.

Swedish automobile maker, Volvo cars saw its sales remaining impressive, increasing by 8.8 percent in June. For the half year, the figure was 13.1 percent. Nothing was reported on Saab
By Team

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