The UAE's auto market is growing 9.6% in April

The UAE's auto market is growing 9.6% in April

The European Union’s new vehicle sales rose 9.6 percent in April from a year earlier, as sales rebounded from the previous month, according to industry data released Thursday. The European Automobile Manufacturers Association said in its monthly bulletin that about 1.3 million vehicles had been sold and market trends were positive in the EU’s five major markets. On an annual basis, sales rose by 12.3% in Spain, 10.4% in Britain, 9% in France, 8% in Germany and 6.5% in Italy. Volkswagen topped sales by 25.7 percent of EU sales in April, followed by PSA by 16.3 percent, Renault by 10.8 percent, Fiat-Chrysler by 6.8 percent and Ford B To -6.6%. New car sales are a sign of economic recovery. Sales in the European Union fell sharply after the 2008 financial crisis, but they have been rising steadily since September 2013, with the exception of some declines. The market fell in March by 5.3 percent year-on-year. Disclaimer: The content of this news was transmitted by the technology of the news search engine, which was published by the website (United Arab Emirates newspaper) and does not express the point of view Egypt But it was transferred content as it is from the link below United Arab Emirates Newspaper We are not responsible for the content of the news, and all external links have been removed from the subject. “The UAE economy today: the EU car market is growing 9.6% in April.”

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