According to the ACEA trade association, the sale of New car in the European Union has slumped 9.3% in May due to the end of government cash-for-clunkers programmes and a tough economic outlook. After a drop of 7.4% in April, new registrations fell to 1,129,508 cars in May.
Demand for new cars in the EU declined for the second month this year in May, reflecting the end to government support schemes on the one hand and the further challenging economic situation on the other.
Germany, Europe's biggest car market, saw the steepest fall, with new car sales plunging 35.1%. Other big European car markets also saw sharp falls with sales down 13.8% in Italy and off 11.5% in France.
However, Spain saw sales shoot up 44.6% in May albeit from depressed levels last year.
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