Registrations of new cars in Europe declined by 2.7% in annual terms in December to 1.05 million vehicles.
The European passenger car market was down 4.9% year-to-year at 13.8 million vehicles in 2010, the European Automobile Manufacturers Association said in a statement Friday.
In December, there was sharp decline in demand for new cars in major euro countries like Spain, Italy and the U.K., with declines of 24%, 22% and 18%, respectively. France posted a small decline of 0.7%, the only euro country with green light was Germany, where the car market increased by 6.9% year-to-year.
Here are some of the car makers stats for Euro Zone (Red: Decrease, Green: Increase):
Daimler AG: 1.9%
Mercedes Benz: 4.2%
PSA Peugeot-Citroen: 6.3%
BMW AG: 13%
General Motors: 16%