Europe Car Sales Drop 10% as Germany’s Decline Hurts Volkswagen

Europe Car Sales Drop 10% as Germany’s Decline Hurts Volkswagen

Jochen Eckel/Bloomberg

European sales by Paris-based Peugeot, the region’s second-biggest carmaker, dropped 16 percent. Deliveries at Wolfsburg-based Volkswagen, the European market leader, dropped 9.3 percent, with the namesake brand posting a 15 percent decline.