Global Economic News

Europe Car Registrations Surge 28.8% In March: ACEA

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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