PARIS (Reuters) – European car sales fell 0.5% in April, the main regional industry group said on Friday, led by sharper monthly declines for Nissan, Ford and Volkswagen (DE:).
Registrations fell to 1.345 million cars in the EU and European Free Trade Association (EFTA) states from 1.351 million a year earlier, the Brussels-based Association of European Carmakers said in a statement. Sales were down 2.5% for the first four months of 2019.
Sales tumbled 17.1% at Nissan, which is suffering from a broad sales and earnings slump as it struggles to turn the page on the scandal surrounding ousted former chairman Carlos Ghosn.
Ford, which is downsizing its European operations, posted a 5.1% drop in registrations, while Volkswagen Group sales were 3.4% lower, the association said.
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