New car sales down 50%

[NewsWhore]

Enrique Fernandez, executive director of the Association of Concessionaires of Car Manufacturers (Acofave) estimates that new car sales are already down 50% this year, compared to 2008. He said that sales in 2008 were already much lower than in 2007. Fernandez said that his members sold 30,636 new cars in 2007. New car sales in 2008 totaled 21,894, and prospects for this year are much worse.

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