European passenger car sales down by 27% in January

ERJ staff report (DS)

Brussels — New passenger car registrations in Europe fell by by 27 percent in January compared to the same month a year earlier, with all markets contributing negatively to the results. New registrations have now dropped for nine consecutive months. In absolute numbers, January 2009 volumes reached 958,500** units, or the lowest level in two decade. Across Europe, the month counted on average 1.4 working days less than January 2008.

In Western Europe, 891,505** new passenger cars were registered, or 26.5 percent…

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