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New car registrations in Europe slumped 7.4% in October on falling demand in Germany, France, Italy and Spain, new figures show today.
Monthly auto industry data showed that registrations of Audi, Nissan and VW branded vehicles saw sharp declines.
Sales of VW branded cars fell 15.2% in October.
Audi and Porsche saw declines of 53% and 62% respectively, figures for sales in European Union and European Free Trade Association (EFTA) markets provided by auto industry badociation ACEA, showed today.
Sales of Volkswagen and Audi pbadenger cars have sagged as European customers increasingly shun diesel cars and as the German brands struggle to get their vehicles to conform with new Worldwide Harmonised Light Vehicle standards (WLTP).
Demand in October softened after carmakers flooded markets with new vehicles ahead of the September 1 introduction of stricter emissions standards.
BMW and Mercedes-Benz saw their sales rise 12.4% and 7.9% while Jaguar sales surged 65%, today’s figures showed.
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