New-car sales dip in Europe

Oct. 13, 2006. 10:20 AM - AOIFE WHITE- ASSOCIATED PRESS
HELSINKI — Renault and GM lost the most ground as new-car sales in Europe fell 2.6 per cent in September, though Fiat, Toyota, BMW and Volkswagen saw sales grow, the European Automobile Manufacturers' Association ACEA said Friday.
France's Renault SA saw the largest drop, slipping 14.9 per cent in September compared with the same month last year. It sold 104,815 cars in Europe in September.
Detroit-based General Motors Corp. sold 9.1 per cent fewer cars at 141,551.
Sales of PSA Peugeot Citroen SA cars fell four per cent, while DaimlerChrysler AG only slipped slightly with a one per cent decline with flatter sales of Mercedes and a sharp drop at its Smart car unit. Ford Motor Co. was down just 0.5 per cent, selling more Ford models and fewer Volvos, Land Rovers and Jaguars.
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