European car sales slump to 17-year low
- 11 years ago
Sales of new cars in recession-hit Europe fell to their lowest in 17 years last year.
That leaves the region' s mass market manufacturers with little room for manoeuvre as they try to cut costly excess production capacity.
At the same time profits are under threat from the aggressive discounting needed to get potential buyers into showrooms.
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http://www.euronews.net/
That leaves the region' s mass market manufacturers with little room for manoeuvre as they try to cut costly excess production capacity.
At the same time profits are under threat from the aggressive discounting needed to get potential buyers into showrooms.
...
http://www.euronews.net/