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Europe car sales gain to put double-digit recovery within reach
Electric cars make up 17 per cent of new car deliveries in Europe
European car sales rose 6 per cent in November as manufacturers continued to work through order backlogs, putting the region on course for double-digit growth this year.
New-vehicle registrations climbed for the 16th consecutive month, to 1.08 million units, the European Automobile Manufacturers’ Association said on Wednesday. Fully electric vehicles made up 17 per cent of total deliveries.
Carmakers are feeding off pent-up demand, with tumbling inflation a relief for stretched household budgets. Bloomberg Intelligence ...