Europe car sales jump for seventh month amid economic recovery

Source: Bloomberg
Car registrations in Europe increased for the seventh month in a row in March of this year, as economic recovery boosts durables' goods sales. The total sales climbed 10% to 1.49 million units, while the largest increase was seen in the U.K. – almost 18%. German market expanded by 5.4%. Sales of Renault surged 29%, while Ford and Peugeot sold 14% and 11% more cars, respectively.

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