Car sales records increase in Europe in April
According to the latest data available, the total number of cars sold in Europe recorded an increase during the month of April compared to the same month of the previous year.
The Brussels-based Association of European Carmakers (ACEA) said that the car sales in Europe rose 9 percent during the month of April. The industry boy said that the total new passenger car registrations in the European Union and European Free Trade Association rose to 1.3 million vehicles in the month of April. Most automakers recorded an increase in car sales during the month and even Volkswagen, which is struggling to cope with the recent diesel emission test scandal, has recorded growth in the European markets.
ACEA said in a statement that, "The EU passenger car market posted strong results again, marking the 32nd consecutive month of growth. This is the highest result in volume terms since April 2008, just before the economic crisis hit the automotive industry."
Industry observers said that car sales returned to growth in 2014 after 6 years of fall and demand for new vehicles has been rising since backed by increased consumer confidence, retail incentives and new product launches. German carmakers Daimler and BMW as well as Fiat Chrysler Automobiles all recorded growth in the markets. Volkswagen recorded a growth of 5.3 percent and demand for its core brand recorded an increase of 2.6 percent in April.
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