European passenger car registrations signaled further strong expansion at the end of the first quarter amid sharp increases in the four major markets and the ever rising demand for electric cars, monthly data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed on Wednesday.
New car sales in the European Union rose 28.8 percent year-on-year in March following an 11.5 percent growth in February, the Brussels-based ACEA said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.