European-Union New Car Registrations Decline 5.9% In May
New car registrations in the Europe dropped 5.9% to 1.04 million units in May, ACEA reported.
PSA new car registrations declined 13.2% in May, while General Motors Co (NYSE: GM) reported an 11.3% fall in registrations. Fiat's registrations declined 10.8%, while Renault reported a 10% drop.
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