Mid-market car brands surge with European market upturn

April 16, 2015 11:30 AM

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Mid-market car brands surge with European market upturn

PARIS/MILAN (Reuters) - Europe's auto-market recovery gained a firmer footing in March, industry data showed on Thursday, as a sharp recovery in some mid-market brands eclipsed growth in no-frills "crisis cars".

After months of hesitant growth, there were solid gains in the five biggest markets: Germany, Britain, France, Italy and Spain, as consumer confidence improves on the back of greater job security, lower energy prices and the EU's money-printing stimulus program.

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