Decline in European markets in first half of 2011. New car registrations in the European Union plummeted in June, after a slight rebound in May. Only 1,233,288 cars were registered last month in 25 of the 27 countries of the EU (excluding Cyprus and Malta), according to the European Automobile Manufacturers (ACEA). This was 8.1% less than in June 2010. This is the most serious downturn since October 2010. Consequently, registrations were down by 2.1% over the six-month period. Spain is one...