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Nissan, Ford, VW led 0.5% April European car sales slide

Published 05/17/2019, 04:38 AM
Updated 05/17/2019, 04:40 AM
© Reuters. A visitor looks at a Nissan car during the Prague Autoshow in Prague

PARIS (Reuters) - European car sales fell 0.5% in April, the main regional industry group said on Friday, led by sharper monthly declines for Nissan, Ford and Volkswagen (DE:VOWG_p).

Registrations fell to 1.345 million cars in the EU and European Free Trade Association (EFTA) states from 1.351 million a year earlier, the Brussels-based Association of European Carmakers said in a statement. Sales were down 2.5% for the first four months of 2019.

Sales tumbled 17.1% at Nissan, which is suffering from a broad sales and earnings slump as it struggles to turn the page on the scandal surrounding ousted former chairman Carlos Ghosn.

Ford, which is downsizing its European operations, posted a 5.1% drop in registrations, while Volkswagen Group sales were 3.4% lower, the association said.

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