EU passenger car demand continues to fall in February

Brussels – The EU passenger car market contracted by 1.0% in February, compared to the same period last year, according to the European Automobile Manufacturers Association (ACEA).

Some major EU markets, however, showed slight recovery during the month, after five months of consecutive declines.

Demand for cars rose by 2.7% in Germany, 2.1% in France and 1.4% in the UK, ACEA reported 15 March.

Car registrations continued to decline for the sixth month in Spain and Italy at 8.8%…

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