Stockholm, - This negative growth is the fifth consecutive year since the crisis of "rampage" in the blue continent. Automotive Industries Association of Europe (European Automobile Manufacturers' Association) in Brussels said the decline in sales was the lowest since October 2010 which was down 16 percent.Sales of new cars in France, the second largest market after Germany in Europe, also dropped to 20 percent followed by Italy who also feel the same way, down 19 percent. This volatility has been predicted by a number of the automotive world, such as Toyota and BMW are predicting at least a market contraction occurred up to 5 percent this year in Europe.
"The French car manufacturer is currently trying hard anymore because the economic conditions of the weaker countries and Fiat can not get enough market in Italy. As for premium brands like BMW and Audi are still able to survive because its biggest market Germany still had a stronger economic base in the other European countries, "said Jonathon Poskitt, analyst LMC Automotive Automotive of Oxford.
European car market is getting worse. This condition is experienced by two major manufacturers of France, the Renault SA and PSA Peugeot Citroen sales continue to decline. In fact, throughout February, their market fell 9.2 percent to 923 381 units compared to the same month last year. In the first two months of this year, recorded sales of 1.93 million units, down 7.8 percent from 2011.
