France, Spain and Italy reported a double-digit decline in auto sales

  France, Spain and Italy reported a double-digit decline in auto sales

The economic situation threatens scrappage programs start and end of car sales resume growth in Western European markets in 2011. For November, France, Spain and Italy have reported a 2-digit decline in sales of cars.

While the austerity measures and economic difficulties hitting the purchasing power and consumer confidence in coming months, the end of scrappage programs have an immediate impact in the November statistics. Italy, France and Spain have reported a sharp decline, while Belgium, which has never had a scrappage program, said sales increased by 15.4% compared to last month, says Automotive News Europe.

Car sales in Italy fell by 21 percent in November from the same period last year. According to analysts, the Italian car sales will not return to pre-crisis levels until 2014. According to the association of foreign car manufacturers in Italy (UNRAE), deliveries were 160,000 units recorded in November, ie 20% decrease over last year. UNRAE provides sales of 1.95 million units for 2010, compared with 2.16 million sold in 2009 and for next year are not clear signs of reversal. "

In Spain, where a vehicle scrapping bonuses to buy a new old and ended in July, and increased value added tax, car sales fell by 26% in November compared to same period in 2009, according to Spanish car manufacturers association (ANFAC).

French carmakers association (CCFA) announced that car sales in November fell 10.8%, less than analysts' expectations. 500 Euro Bonus scrappage program granted half the amount originally offered, is still in force in France, and local manufacturers Renault and PSA Peugeot Citroen generous offer of buy-back.

In the first 11 months in France were registered 2,023,410 new cars by 2.4% less than the same period of 2009.


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