New car sales in Europe increased year on year in March

New car registrations in Europe rose 87.3 percent in March to 1062446, recovering from a slump caused by a year ago blockade, according to data released Friday by the European Association of automobile manufacturers (ACEA).

 

As the first European country to impose the blockade last year, new car registration in Italy soared 497% in March, followed by France, up 192%, Spain by 128%, and Germany by 36%.

 

Among the major car companies, Volkswagen and stellantis increased sales by 46% and 140% respectively, while Renault sales increased by 70%.

 

Luxury car manufacturers also saw a significant increase in sales, with BMW sales up 43 percent and Mercedes Benz’s Daimler up 11 percent.

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