European Car Sales Jump 7.6% as Price Cuts Help Renault, VW

European car sales rose 7.6 percent in February, the sixth consecutive monthly gain, as an economic revival and price cuts helped boost demand for new models from Renault SA and Volkswagen AG.

Registrations increased to 894,730 vehicles from 831,371 a year earlier, the European Automobile Manufacturer’s Association, or ACEA, said today. Two-month demand jumped 6.3 percent to 1.86 million cars.