European passenger car registrations climbed for the fifth month in a row in December, but at a slower pace than in November, as substantial decline was observed in the Spanish car market, monthly data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed on Wednesday.
New car sales in the European Union rose 12.8 percent year-on-year following a 16.3 percent growth in November, the ACEA said. The number of units sold totaled 896,967 in December versus 795,130 units in the corresponding month last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.