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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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.