Close
Log in
Please enter your login details

Skip to main content

Breaking News
  • Train that left Budapest for Munich with migrants is standing on Hungary-Austria border, waiting for action by authorities
  • Germany’s Merkel says if Europe is unable to agree a fair distribution of refugees, then the Schengen Area will be called into question (Reuters).
  • Nigeria: around 80 villagers killed in Boko Haram attack, AFP reports, citing witnesses
  • Explosion outside Ukrainian parliament as protestors clash with police after decentralisation vote
Facebook Twitter Google+ Reddit

The brakes have eased on Europe’s new car market. The European Automobile Manufacturers Association’s figures show the market shrank at a slower pace in October than in recent months.

But there were double-digit dips for nearly all the big car makers as buyers remained cautious in the economic gloom.

October’s decline may have been the second-smallest in a year but Peugeot, Renault and GM Opel are struggling to cut costs and survive the chill of the market.

Even Europe’s best selling brand Volkswagen posted a dip in sales.

More about: