Market Overview

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.

New car registrations for Toyota Motor (NYSE: TM) declined 4.9%, while Volkswagen AG (OTC: VLKAY) had a 2.8% drop.

Posted-In: New Car RegistrationsNews

 

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