Cars
European Car Sales Gains Speed Up on Peugeot, Alfa Romeo SUVs
- Registrations gain as improving employment bolsters economy
- Demand bolstered by hatchbacks from Citroen, Renault
Renault SA Showrooms As 15,800 Captur SUVs Recalled For Pollution Control
Photographer: Marlene Awaad/BloombergEuropean car sales growth accelerated in August as an expanding economy encouraged purchases and French manufacturers PSA Group and Renault SA won buyers with new SUVs and hatchbacks.
Registrations jumped 5.5 percent to 903,143 vehicles from 855,689 a year earlier, the European Automobile Manufacturers’ Association, or ACEA, said Thursday in a statement. That was faster than the 2.1 percent increase posted in June and 2.6 percent in July. Eight-month sales increased 4.4 percent to 10.6 million autos.