European car sales continue to skid.

European car sales dropped to the lowest levels since 1993 in H1, sliding 6.7% to 6.44M as the economic slump in the region continued to bite. June registrations tumbled 6.3% to 1.18M, the lowest for the month since 1996. Sales in four of Europe's biggest automotive markets contracted in June, although the U.K. grew 13%. Of the manufacturers, Ford's (F) sales rose 6.9% but GM's (GM) dropped 9.9%.