Economics

Luxembourg car sales drop by 11.9%

European auto sales fell five percent in August to around 654,000 vehicles, erasing a five-percent gain in July, the European Automobile Manufacturers' Association (ACEA) said Tuesday.

17.09.2013

(AFP) European auto sales fell five percent in August to around 654,000 vehicles, erasing a five-percent gain in July, the European Automobile Manufacturers' Association (ACEA) said Tuesday.

In Luxembourg the market has dropped significantly further as sales declined in August compared to the same month last year, by 11.9 percent. In the first eight months of this year, 32,868 cars were registered in the Grand Duchy.