European car sales seen flat in 2013: ANFIA

12 Dec, 2012

 

Western European car sales have fallen 7.3 percent to 10.33 million vehicles so far this year, according to latest data from Brussels-based industry group ACEA, led by double-digit declines in crisis-hit Greece, Italy and Portugal.

 

"I do not see the car sales situation changing much next year," ANFIA chairman Roberto Vavassori said when asked for a market forecast. "That is the trend. In Italy, I think we could see a small contraction."

 

Automakers are facing a sustained slump in the European market against the backdrop of the euro zone debt crisis and government austerity measures.

 

New car sales in Italy plunged 20.1 percent in November year-on-year to 106,491 vehicles, the transport ministry said on Dec. 3.

Copyright Reuters, 2012
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