Pursuits
European Auto Sales Surge Most in Four Years on Lower Prices
This article is for subscribers only.
European new-car sales surged the most in almost four years as price cuts by producers such as Renault SA and Ford Motor Co. helped generate a recovery that industry executives say will last in 2014.
Deliveries last month jumped 13 percent to 948,090 vehicles from 839,027 a year earlier, the Brussels-based European Automobile Manufacturers Association, or ACEA, said today. That pared the decline for the year to 1.8 percent for a total of