European Car Sales Slump 23% as New Emissions Tests Start
BRUSSELS (Bloomberg) - Car sales have slumped for several major European automakers due to new emissions regulations, according to one of Europe's biggest auto manufacturing organizations.
Fiat Chrysler, Volkswagen Group and Renault saw a 23.5 percent decline in European car sales in September, the Brussels-based European Automobile Manufacturers Association (ACEA) said in a report on Wednesday.
Car registrations dropped to 1.12 million cars in the European Union and European Free Trade Association, Reuters reported, down from 1.47 million in September last year, the report stated.
It also said that new Worldwide Harmonized Light Vehicle Test (WLTP) standards, which came into effect September 1, forced some automakers to cease deliveries until cars could be recertified under the new regulations.
Fiat Chrysler, Volkswagen Group and Renault saw a 23.5 percent decline in European car sales in September, the Brussels-based European Automobile Manufacturers Association (ACEA) said in a report on Wednesday.
Car registrations dropped to 1.12 million cars in the European Union and European Free Trade Association, Reuters reported, down from 1.47 million in September last year, the report stated.
It also said that new Worldwide Harmonized Light Vehicle Test (WLTP) standards, which came into effect September 1, forced some automakers to cease deliveries until cars could be recertified under the new regulations.