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18 Jun
14:15

European car demand shows improvement after 8-month hiatus

After eight consecutive months of deceleration across Europe, new car registrations moved upward very modestly in May, according to the latest release by the European carmakers association ACEA. Passenger car registrations in May increased 0.1% year-on-year, mainly supported by demand in Central Europe. Among the largest markets Germany and France showed good results (+9.1% and 1.2% respectively), while Italy, UK and Spain continued to suffer from falling demand…
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