TITLE

European sales slip 1.7% in May

AUTHOR(S)
Kurylko, Diana T.
PUB. DATE
June 2005
SOURCE
Automotive News;6/20/2005, Vol. 79 Issue 6153, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that European light-vehicle sales fell 1.7 percent in May compared with May 2004, failing to gain momentum despite increases in three major markets because of a strike in Italy. European sales fell to 1,290,933 million units, compared with 1,312,684 in May 2004. Through May, European sales were 6,640,799 units, down 2.4 percent from the first five months of 2004, according to ACEA, the vehicle-makers' association in Brussels. Italian sales plunged 27.9 percent in May compared with the May 2004 total, largely because of a month long strike by car transporters. In the new member nations, sales for the five months were down 19.5 percent from the first five months of 2004. Volkswagen AG leads the market in year-to-date sales with 1,213,791 units, despite being down 0.3 percent from the first five months of 2004.
ACCESSION #
17455321

 

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