EU posts record growth in car registrations

Brussels – European Union passenger car registration posted a “record growth” for the seventeenth consecutive month, showing a rise of 6.7 percent with nearly one million units sold.

According to Brussels-based European Automobile Manufacturers Association (ACEA), some 999,157 car units were sold in the first month of 2015, with Spain registering a record high 27.5 percent growth. Italy, UK, France and Germany all displayed substantial growth as well.

January marked the 17^th consecutive month of growth for the EU car market, heralding an end to the economic downturn in recent years, said ACEA.