European September Car Sales Datapoints

Tyler Durden's picture

Because the horse and buggy is the new normal car:

  • FIAT ITALY NEW CAR SALES FALL 24% IN SEPT
  • FRENCH CAR SALES FALL 18.3% IN SEPTEMBER, DOWN 13.9% THROUGH SEPTEMBER
  • PORTUGUESE LIGHT VEHICLE SALES DROP 42% THROUGH SEPTEMBER

This is what happens when you don't take advantage of US, Chinese, or for that matter Global channel stuffing. It is, for now, unclear if Mario Draghi's monetization of 1-4 cylinder Fiats is forbidden by Article 123.