European sales in 2012 expected to experience steepest fall since 1993. - According to the European Automobile Manufacturers' Association (ACEA), new car registrations are expected to decrease by between 8-10% compared to 2011. In terms of volume, this will see 12 million units sold on the market. The European market for sales of new vehicles is therefore expected to experience its sharpest fall in 2012 since 1993, a particularly gloomy year where sales declined by 17%. This forecast follows...