Europe's new car sales increased at a faster pace in December but the overall sales volume in the whole year of 2025 remained below pre-pandemic levels, the European Automobile Manufacturers' Association, or ACEA, said Tuesday.
In December, new car sales logged an annual growth of 5.8 percent after rising 2.1 percent in November.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.