European car sales fall 10.2 percent in February

MILAN (Reuters) - Europe's car market shrank a further 10.2 percent in February, with sales of new vehicles falling to 829,359, according to figures from the Association of European Car Manufacturers (ACEA). Sales hit a 17-year low in 2012 and this year is shaping up to be another tough slog for mass-market carmakers as consumers in recession-hit European economies continue to postpone purchases. Ford's sales dropped at twice the rate of the overall market's decline for a third straight month, dropping 20.8 percent to 53,660 cars. ...