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European Sept car sales up 1.1 pct


In the year so far, total new car registrations are down 0.8 percent at 10.46 million vehicles in the EU and European Free Trade Area (EFTA), according to figures from the European industry association ACEA.The German market grew by 8.1 percent, while sales fell in Britain, Spain, France and Italy.In September, Germany’s Volkswagen was the biggest winner, helped by almost 20 percent sales growth at its luxury brand Audi, giving the group a market share in the region of 23.2 percent.BMW sales rose 6.8 percent, while Daimler’s Mercedes-Benz brand lost some market share.Korean brands Hyundai and Kia grew by 18.7 percent and 27.1 percent, respectively, falling short of Nissan’s 30.8 percent gain.By comparison, Honda saw its sales drop by 14.8 percent, and Mazda was also badly hit. Toyota sales in the region dropped 9.2 percent.Sales at GM’s Opel fell 5.9 percent in September, while Ford’s sales eased 0.3 percent.The three French brands Renault , Peugeot and Citroen also all lost market share in September, and Fiat group sales fell 7.8 percent.

Exclusive: Spotify now has 250,000 paying U.S. users: sources


The London-based company, which suffered significant losses in 2010 as it expanded to new markets, has grown rapidly in the United States. Worldwide, it now has “well north” of the 2 million paid subscriber number that Chief Executive Daniel Ek revealed last month, these people said.Digital music subscription services are hoping to pick up the slack of lost CD sales for the music business by offering large libraries of songs for an-all-you-can-eat monthly fee by streaming songs over computers, mobile devices and more recently in cars.To date, digital music has been dominated by Apple Inc’s iTunes Music Store which sells songs and albums on a download basis.Also driving momentum for Spotify is its integration with Facebook which launched on September 22 at the social network’s developer conference.Spotify has benefited from effectively being the default music service on Facebook, which has 800 million users.A Spotify spokeswoman declined to comment.Every time a Facebook user clicks on the new “Music” app tab on their home page they are connected to songs shared by their friends through Spotify. While music services including Rdio and MOG have also been integrated into Facebook, they do not have the valuable “default” status.Spotify is partly backed by digital entrepreneur Parker, who made his name as a supporter of the original Napster music service before becoming a backer of Facebook.The key challenge for digital music start-up companies like Spotify has been how to convert users of their free service or free trial to become paying subscribers. The need to ramp up subscriber revenue as quickly as possible is important for these businesses as they have to pay large fixed costs to license music from labels.Spotify previously had indicated a conversion rate of around 10 percent in Europe but has not updated the data recently.The digital music subscription market has been slow to grow so far. Rhapsody, the U.S. market leader, has 800,000 users after 10 years of being in business. But it is expected to grow to around 1.2 million after it snapped up Napster from Best Buy Co for an undisclosed sum earlier this month.