Figures released by ACEA show that new car sales in the EU decreased year-on-year by 1.8% in October.

The numbers are in line with those published earlier this month by LMC Automotive and published by just-auto.

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From January to October, the region recorded 11,126,436 new cars sold, or 1.2% less than in the first ten months of 2010.

According to ACEA, in October, the French and British markets performed similarly, posting a 2.4% and 2.6% growth respectively. Demand in Germany, the largest market, remained stable (+0.6%), while results in Italy (-5.5%) and Spain (-6.7%) were negative.

From January to October, Germany was the only major market to post significant growth (+9.8%). France saw its demand slightly increase by 0.4%, while the UK (-4.5%), Italy (-10.8%) and Spain (-19.7%) all faced a downturn.

The Greek, Portuguese and Irish markets fared particularly poorly in October, down by 35.7%, 40.5% and 51.8% respectively.

See also: COMMENT: European trading conditions deteriorate further

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