Car Industry: Automakers Mired in Europe Sales Slump

Car sales in Europe fell in September for the first consecutive monthly decline in more than two years. European automakers have struggled to improve sales in their home market as a protracted downturn and higher interest rates cut into spending. Gains in electric-vehicle sales weren’t enough to offset declines for combustion-engine models. Bloomberg’s Craig Trudell gives an overview of the situation.
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News post in October 22, 2024, 12:05 pm.

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