Transportation
European Car Sales Rise as EV Demand Gains Momentum
European car sales edged higher last month as consumers rotated to buying electric vehicles, taking advantage of new subsidy programs and picking from a growing range of affordable models.
New-vehicle registrations rose 1.7% in February from a year earlier to 979,321 units, the European Automobile Manufacturers’ Association said Tuesday. Sales climbed in Germany, Spain, Italy and the UK, offsetting a decline of nearly 15% in France.