Economic Buzz: European Passenger Car Registrations Jump Nearly 10% In April

Europes passenger car registrations recovered in April, the European Automobile Manufacturers Association reported Thursday. Car registrations grew 9.6% on year in April, reversing a 5.3% decline in March.Total car sales came in at 1.3 million units. During January to April, demand for new cars in the European Union increased 2.7% from the previous year.