European car sales rose 5% in January

Source: Bloomberg
© Scanpix/Reuters
Car sales in Europe increased for a fifth month in row in January of this year, as economic recovery continues in the region, pushing demand for long-term goods up. Total registrations inched up 5.2% on the annual basis to 967,800 units. In December, sales added 13%. Volkswagen sales surged 8.2%, while Renault deliveries climbed 13%. Peugeot followed with a 6.9% advance.
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