European carmakers gain ground in recovering eurozone

Car sales in France, Spain and Germany picked up in October 2013 driven by a surge in demand for compact vehicles, signalling a cautious rebound spurred by an economic recovery in the eurozone.

The European car manufacturing sector was badly hit by the financial and economic crisis. Since the 2007 peak, vehicle registrations have shrunk by a quarter – down by 4.4 million vehicles, according to ACEA, the European car manufacturer’s association.

ESO: Background information: ACEA: 2013 will ‘probably be worst year for car sales’ http://www.europeansources.info/record/acea-2013-will-probably-be-worst-year-for-car-sales/

Deutsche Welle, 05.11.13: German carmaker BMW on track for new sales volume record http://dw.de/p/1ABbQ

http://www.acea.be/ http://www.acea.be/

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