MUNICH -- European car sales rose by nearly 8 percent percent in February, the sixth consecutive monthly gain, as a gradual economic revival in southern Europe and price cuts helped to boost demand for new models.
Registrations in the EU and EFTA markets increased to 894,730 vehicles from 831,371 a year earlier, industry association ACEA said today in a statement. Two-month sales jumped 6.3 percent to 1.86 million cars.
Most of Europe's major automakers, except Volkswagen's core passenger cars brand, posted gains in February.