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. Last Updated: 07/27/2016

New Car Sales Fall 52% in September

Sales of new cars and light commercial vehicles fell 52 percent in September from the same period last year, the Association of European Businesses said Thursday.

Sales dropped to 117,981 vehicles in September from 245,813 in the same month last year, the lobby group said. Nine-month sales fell 51 percent to 1.11 million. AvtoVAZ’s Lada remained the most popular brand, with sales of 28,109 last month, down 43 percent on the year.    

(Bloomberg)