Peugeot, Fiat, GM lead European car sales drop
World BusinessDec 18, 2011
PSA Peugeot Citroen, Fiat SpA and General Motors Co. led the biggest decline in European car sales in five months as the region’s economy slipped closer toward a recession. Registrations in November dropped 3 percent to 1.07 million vehicles from 1.10 million a year earlier, the biggest decline since June, the Brussels-based European Automobile Manufacturers Association, or ACEA, said Friday in a statement. Eleven-month sales declined 1.1 percent to 12.6 million registrations. “This minus figure