STOX.CZ (Grant Capital)
Markets  |  February 19, 2013 10:15:02

Another blow to the European economy.


Last Days of European markets nedopřávají fundamental support. Just remember the worse macro data for last week from both Germany and the euro area as a whole. Today was published figure on the sale of new cars in Western Europe, which fell to the lowest level since monitoring of this indicator since 1990. In the figures it can be seen clearly when dropped in January sales of new cars by 8.5% to 918 280th This data was published by the European Automobile Manufacturers' Association ACEA. Increased sales reported more luxurious brands such as BMW or Jaguar, while brand aimed at the middle class as Ford, Peugeot and Toyota have seen a sharp decline in sales.Czech Skoda has seen deterioration in the European market only slightly. The largest drop among large automakers saw Ford , which sales fell by more than 25 percent to 60,036 cars. Car sales fell sharply in Greece and the Netherlands, in both cases by more than 30 percent.

 

Miroslav Vybíral   

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