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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. In the first quarter of 2009, automotive production in Europe fell by 35% to 3.4 In Austria, production went down by 69.2%. for passenger cars and 37.6%

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It is good to be small as auto market stumbles

Green Cars News

Indeed even though schemes such as the vehicle scrappage concept have helped segments of the market, overall vehicle demand went down further as well. This was followed by France, down 46 per cent, Spain down 40.2 per cent, Italy down 38.6 per cent and Germany down 32.3 per cent.