European car sales up in 2014
June 30, 2014
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The improvement in the economic condition has been reflected in car sales figures. During the first four months of the year, car sales jumped by 7% (Euro-15).
Among the biggest markets, sales in Spain surged by more than 16% from a year ago, while new registrations in the UK jumped 13%. The Continent's largest market, Germany posted a 3% y-on-y gain, while sales in France and Italy rose by 3.7% and 4.7% respectively. These figures are the first such increase since 2009/2010, when a scrappage scheme boosted sales. Furthermore, they indicate a stabilization of the European economies.
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