MUNICH: European car registrations fell sharply in June, resuming a downward spiral this year that has seen profit warnings at German manufacturer Daimler AG and a quarterly automotive division loss at rival BMW AG.
Sales dropped 7.9% to 1.49 million cars, the European Automobile Manufacturers’ Association said, the worst monthly decline since December. France and Spain had falls of more than 8%, while German and UK sales fell 4.7% and 4.9% respectively.
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