European car sales fall 8% in June
European new-car sales fell 7.9 percent in June, with big declines for Nissan, Volvo, Honda and Fiat Chrysler Automobiles.
Registrations fell to 1.49 million cars last month from 1.62 million a year earlier across the European Union and EFTA countries, data from industry association ACEA showed on Wednesday.
Calendar effects resulted in two fewer sales days in most markets, accentuating the decline.
Nissan’s aging model lineup contributed to a 27 percent June sales slump while Volvo saw deliveries tumble 22 percent. Honda’s registrations plunged 19 percent.
Registrations fell 14 percent at FCA, 10 percent at BMW, 9.6 percent at Volkswagen Group and 8.2 percent for both Mercedes parent Daimler and PSA Group.
Among Volkswagen Group brands, Seat was the only winner with registrations up 7.4 percent. VW brand’s volume fell 14 percent, Audi was down 9 percent and Skoda sales declined by 8.5 percent.
PSA Group’s brands had a bad month, except DS, whose registrations rose 6.4 percent. Peugeot was down 11 percent, Opel fell 9.7 percent and Citroen sales dropped 3.6 percent.
Ford saw its volume fall 5.4 percent.
Renault Group posted a 3.9 decline, with Renault brand sales down 7.2 percent and Dacia gaining 3.9 percent.
Fiat Chrysler’s Fiat brand’s volume declined by 15 percent, while Jeep’s sales rose 1.5 percent.
Among Asian automakers, Toyota, Lexus and Kia gained volume. Lexus sales jumped 8.7 percent; Toyota brand’s volume rose 1.8 percent and Kia’s sales were up 1.1 percent. Hyundai registrations fell 6.3 percent.