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Market Update Analysis: 
European Stocks, Auto Sales Decline
Author: 123jump.com Staff
123jump.com
Last Update: 2:28 PM EDT June 13 2008



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European stocks traded in a tight range. European auto sales fell 7.8% in May on higher fuel cost and weak economies in Italy and Spain. Only in France sales rose in May from April and from the same month in the previous year. Sales in Germany fell 6% in the month but rose 4.2% from a year ago. Total sales in first five months in Europe declined 0.7%.

 

 

 

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