The market for new passenger cars in Europe was a modest 2.4 % up, or 14,61,859 units in June, carried by the effects of fleet renewal schemes in more than 10 EU member states. This represented the first market increase in 14 months, against the backdrop of a steep downward trend that started in May 2008. In June last year, the market was down 7.9% compared to the same period the previous year. Cumulative figures for the first half of 2009 show an 11% drop in European new car registrations compared to the same period in 2008, with a total of 74,25,762 new cars registered compared to 83,46,828 the year before.

Read Next
Who is Alexandr Wang? 28-year-old hired for 14 billion US dollar by Mark Zuckerberg to lead Meta superintelligence labs
Not Thailand or Vietnam: This visa-free country with direct flights is the new favourite destination for Indian travellers
Dream Act 2025: Green card pathway for Dreamers, children of H-1B visa holders, introduced