Vladimír Urbánek (Kurzy.cz)
World markets  |  October 01, 2012 15:04:37

Sales of new cars in France and Spain in September decreased significantly


According to statistics from the French and Spanish Automobile Association in September to a significant reduction in sales of new cars sold in both countries. Sales in France fell by 18% in Spain and even by 37%. The main reason for the decline was generally in addition to the negative impact of the European debt crisis, particularly an increase in VAT rates.

Since the beginning of the end of Q3 in France, car sales fell by 14%. One of the few exceptions was the Škoda Auto, the sales on the local market rose by more than 7%.
Sales of domestic carmakers Renault and Peugeot Citroen fell by almost 20%.
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