European car sales gain again

|By:, SA News Editor

European car registrations rose 4.5% in May to 1.13M units to mark the 9th consecutive month of a year-over-year sales gain.

All the EU nations showed positive growth during the month with the exception of Italy which saw a 3.8% falloff.

Sales growth by automaker: Volkswagen (VLKAY) +9.6%, Peugeot (PEUGY) +4.3%, Fiat (FIATY) +5.6%, General Motors (GM) -6.8%, Renault (RNSDF) +18.8%, Daimler (DDAIF) +3.6%, Toyota (TM) +3.4%, Ford (F) -2.0%, BMW (BAMXY) -2.2%, Fiat (FIATY) -2.7%, Nissan (NSANY) +10.7%, Hyundai (HYMLF) -2.7%.