Sales of new cars fell in France and Spain last month reflecting the end to a bonus scheme that had encouraged consumers to trade in their old vehicles for new models.
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Sales fell for the seventh month in a row in France, dropping 10.8% compared with the performance in November 2009, the French Auto Makers’ Committee (CCFA) told AFP.
In Spain manufacturers’ association Anfac reported a 25.5% plunge in annual sales in November, the fifth monthly decline in a row.
French sales came to 193,970 vehicles last month, a sharp drop from the booming market of late 2009, just before the expiration of a cash-for-clunkers bonus, but were a third higher than in November 2008, the CCFA said.
“We are seeing the effects the end of the cash-for-clunkers scheme and the ecoology bonus, as well as substantial discounts offered by manufacturers,” said CCFA spokesman Francois Roudier.
French new car sales fell 2.4% to 2.023m vehicles in the first 11 months of the year.
Sales fell 11.5% at PSA Peugeot Citroen and 10.6% at rival Renault.
Spanish sales came to 64,515 vehicles in November, down 25.5% from a year earlier.
But sales rose 5.9% in the first 11 months thanks to a cash bonus for customers that ended in June.
