European car sales dropped 4.9% on year in August to 686,957 units after rising 4.9% in July as new registrations fell in France, Italy and Germany last month. However, the U.K. again continued to enjoy growth, with volumes increasing 10%.
In January-August, European sales dropped 5.2%.
The data comes after car executives had expressed hope at the Frankfurt Motor Show that the European car market was stabilizing. (PR)