EU New Car Sales Spike in March on Low On-Year Comparison
By Kim Richters
Passenger-car registrations in the European Union rose sharply
in March due to a low comparison base in the prior year as result
of coronavirus restrictions introduced at the time.
New car registrations--a reflection of sales--rose 87% on year
to 1,062,446 vehicles, the European Automobile Manufacturers
Association said Friday.
Among the major markets, Spain, France and Italy reported
triple-digit percentage gains, while registrations rose 36% in
Germany, the organization, also known as the ACEA, said.
In the January-to-March period, EU passenger-car registrations
rose 3.2% to 2.6 million vehicles.
Write to Kim Richters at firstname.lastname@example.org
(END) Dow Jones Newswires
April 16, 2021 02:14 ET (06:14 GMT)
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