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Car Industry: Automakers Mired in Europe Sales Slump

Posted

October 22, 2024

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Car sales in Europe fell in September for the first consecutive monthly decline in more than two years. European automakers have struggled to improve sales in their home market as a protracted downturn and higher interest rates cut into spending. Gains in electric-vehicle sales weren’t enough to offset declines for combustion-engine models. Bloomberg's Craig Trudell gives an overview of the situation.

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