Vehicle sales in Europe advanced on improving economy

Source: Bloomberg
© scanpix/RS
European auto sales increased at the fastest pace in one year and a half, since the improving economy stimulated demand for the Volkswagen AG and Renault SA cars. According to the European Automobile Manufacturers' Association, the number of registered cars rose 11% compared to the previous year. Meanwhile, Volkswagen AG orders increased by 10% in March, while Renault, in turn, posted an 11% jump in sales. 
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