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European car sales rise in August

by LLB Reporter
16th Sep 22 11:19 am

European car sales rose in August, following 13 months of declines, according to industry figures.

The European new car market finally returned to growth with a 4.4% increase year-on-year, according to the European Automobile Manufacturers’ Association (ACEA), which represents Europe’s 15 major car, truck, van and bus makers.

However – with 650,305 units registered in August – this result remains far below pre-pandemic levels. All the key EU markets contributed to the region’s growth, with solid gains seen in Italy (+9.9%), Spain (+9.1%), France (+3.8%) and Germany (+3.0%).

Eight months into 2022overall volumes are down 11.9% for the year so far to reach nearly 6 million new passenger cars sold. The four key markets have all faced losses so far.

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