UPDATE 2-Europe car sales fall for 6th straight month-ACEA

* EU car sales down 4.3 percent over first three quarters

* September EU car sales down 9.6 pct

* 1,227,645 cars registered in EU in September

* Volkswagen global Sept. sales up 7.9 pct on China, U.S.

* Volkswagen Jan.-Sept. sales in Germany down 19.3 pct

(Adds Volkswagen September sales)

PARIS, Oct 15 (BestGrowthStock) – European car sales fell for the
sixth straight month in September, carmakers’ association ACEA
said on Friday, as demand continued to suffer from the loss of
scrappage schemes and the uneven recovery dimmed confidence.

Automakers in Europe have been braced for pain as the
cash-for-clunkers incentive schemes that many countries
introduced to spur demand during the financial crisis expire and
public spending cuts loom to bring down government deficits.

All major markets contracted, ACEA said, with an 8.2 percent
dip in France and an 18.9 percent fall in Italy as this year’s
figures are compared to the strong sales seen last year when
many scrapping schemes were still in force.

Germany, Europe’s largest car market, whose scrapping scheme
ran out at the beginning of September last year, saw a 17.8
percent dip.

The German car market should return to growth towards the
end of 2010, when the aftershock from the end of the government
scrapping scheme should have worked its way through the system,
industry association VDA said at the start of October.
[ID:nLDE6931IX]

Volkswagen (VOWG_p.DE: ), the country’s biggest carmaker, saw
the pace of sliding sales in Germany stabilise in September. In
the first nine months of the year, the number of cars it
delivered in the country dropped 19.3 percent from a year
earlier, it said in a separate statement on Friday.

Its global sales rose 7.9 percent in September, making for a
12.7 percent gain over the nine-month period, as demand in China
and the United States offset a weaker European market.

ACEA said car registrations fell 9.6 percent in September
across the European Union, with a total of 1,227,645 units
registered. In the first three quarters of the year new car
sales fell 4.3 percent in the EU, ACEA said.

Volkswagen group sales fell 5 percent year-on-year in
September, PSA Peugeot Citroen (PEUP.PA: ) group sales fell 7.3
percent. Ford (F.N: ) sales showed a 20.1 percent drop and Toyota
Motor Corp (7203.T: ) sales fell 21.3 percent, ACEA said.

Daimler (DAIGn.DE: ) group sales were up 6.5 percent and
Mitsubishi Motors Co (7211.T: ) saw a 38.4 percent increase.
(Reporting by Helen Massy-Beresford and Maria Sheahan; Editing
by Hans Peters)

UPDATE 2-Europe car sales fall for 6th straight month-ACEA