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Nov 16, 2005

Fell - Europe - West European car sales have worst October since 1996

FRANKFURT,Germany -The Automotive News/Reuters -Nov 16, 2005: -- New-car sales in western Europe fell 2.6 percent last month, the worst October in nine years, as a weak British market outweighed fierce discounting and a wave of new models, according to industry data on Wednesday... A slowing economy, higher interest rates and rising fuel prices led to a 10.8 drop in sales from a year ago in the U.K., the second-biggest European market, while a haulers strike in Spain delayed deliveries and disrupted production...

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