Europe New Vehicle Registrations Drop 32.4% In 2009

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New commercial registrations in Europe declined 32.4% in 2009 compared to 2008, the European Automobile Manufacturers' Association reported on Tuesday. In total, 1.71 million vehicles were registered throughout the year.

Registrations of vans dropped 30.3% in 2009, while those of heavy trucks fell 47.9%. Registrations of trucks and buses & coaches plunged 43.8% and 19.5%, respectively.

In December alone, new vehicle registrations decreased 10.6% annually, reflecting a more moderate drop in demand for vans than in the months before.

New commercial registrations in Europe declined 32.4% in 2009 compared to 2008, the European Automobile Manufacturers' Association reported on Tuesday. In total, 1.71 million vehicles were registered throughout the year. (Market News Provided by RTTNews)