http://www.autocreditexpress.com/blog/2008/07/23/auto-sales-in-a-down-market/ Bad Credit Auto Loan Blog Thu, 09 Feb 2012 03:18:49 +0000 hourly 1 http://wordpress.org/?v=3.3 http://www.autocreditexpress.com/blog/2008/07/23/auto-sales-in-a-down-market/comment-page-1/#comment-1051 travis Tue, 24 Feb 2009 21:08:39 +0000 http://www.autocreditexpress.com/blog/2008/07/23/auto-sales-in-a-down-market/#comment-1051 Sales of Luxury Italian car brands Alfa Romeo and Lancia slumped sharply in May, as new auto registrations in the nation fell, the latest set of data showed last week. Amid rising economic uncertainty and soaring oil prices, new Italian car registrations dropped by 17.6 percent in May compared with the same month in 2007, the Brussels- based European Automobile Manufacturers’ Association (ACEA) said. Car registrations in Italy, which is one of Europe’s key auto markets, fell 10 percent during the first months of 2008 compared with the corresponding period last year. Total European car sales slumped a 7.8 percent in May, the ACEA said with auto registrations slipping 0.7 percent during the first five months of the year. Helping to lead the fall in car sales in Italy was a 4.5 percent year-on-year fall in May clocked up by the nation’s key automaker, the Fiat group. New car registrations by the Fiat company’s stable of brands dropped by 1.7 percent during in the first five months of 2008, the ACEA said. Sales of Luxury Italian car brands Alfa Romeo and Lancia slumped sharply in May, as new auto registrations in the nation fell, the latest set of data showed last week. Amid rising economic uncertainty and soaring oil prices, new Italian car registrations dropped by 17.6 percent in May compared with the same month in 2007, the Brussels- based European Automobile Manufacturers’ Association (ACEA) said. Car registrations in Italy, which is one of Europe’s key auto markets, fell 10 percent during the first months of 2008 compared with the corresponding period last year. Total European car sales slumped a 7.8 percent in May, the ACEA said with auto registrations slipping 0.7 percent during the first five months of the year. Helping to lead the fall in car sales in Italy was a 4.5 percent year-on-year fall in May clocked up by the nation’s key automaker, the Fiat group. New car registrations by the Fiat company’s stable of brands dropped by 1.7 percent during in the first five months of 2008, the ACEA said.

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