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Recession causes decrease in car sales in European countries

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New research from Finaccord, a market research consultancy specialising in financial services, casts light on dynamics in the market for automotive finance and leasing for consumers in Europe.

Finacord said that sales of new cars fell between 2006 and 2010, because of the recession experienced in most European countries.

However, the way that new cars are financed by private customers

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