European car sales rose in February despite a post-scrappage scheme plunge in Germany
Mar 16th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Automobile Manufacturers Association (ACEA - - Association des Constructeurs Europeens d'Áutomobiles ), which represents the interests of the fifteen European car, truck and bus manufacturers at EU level, reported today that new passenger car registrations in the EU (ex- Cyprus and Malta) increased by 3.0% in February, and by 7.9% over the first two months of the year, compared to the same period in 2009 - - despite a sales plunge in Germany following the end of the publicly funded car scrappage scheme.