EU car sales rise but market results mixed

PARIS: Registration of new cars jumped 5.4 percent last month in the EU, the European Automobile Manufacturers’ Association (ACEA) said last week, the second time sales have jumped in the past three months.

Some 1.16 million vehicles were registered last month across the European Union, with gains for most major markets except Italy and Germany. Despite the gain, registrations—a proxy for sales—still came in at “the second lowest level for a month of September” since the ACEA began collecting data a decade ago.