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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

million vehicles, according to the latest Economic Report from the European Automobile Manufacturers Association (ACEA). While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. over the whole year 2008.

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It is good to be small as auto market stumbles

Green Cars News

In the first quarter of the year, production fell to just 3.4million vehicles according to new statistics from the Economic Report from the European Automobile Manufacturers Association (ACEA). per cent over the whole of 2008. per cent. Nevertheless, small cars reached a market share of 44.9

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