The Azerbaijan State News Agency

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European car sales see 9.2% fall

Baku, October 15 (AZERTAC). Car giants including Toyota, Fiat and Ford have seen steep falls in European sales, underlining the impact of last year`s car scrappage schemes, according to BBC News.

In September, new registrations of Fiat cars were 21% lower than the same time last year, when incentive schemes boosted sales.

Toyota also saw a 21% fall, while Ford car sales were down 20%.

Overall, registrations of new cars in Europe were 9.2% lower, with 1.26 million new vehicles registered.

The year-on-year fall is the sixth decline as many months, with all major European markets down.

In the UK, new car sales were 8.9% lower, while France and Germany saw falls of 8.2% and 17.8% respectively.

Spain saw the biggest fall, dropping 27.3%.

Last year scrappage schemes across Europe were rolled out, incentivizing new car sales to boost the ailing car industry.

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