New-Car Sales in European Union Rose 16% in May

June 16, 2016 6:00 AM

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New-Car Sales in European Union Rose 16% in May

Jump in May sales is largest jump in EU in a decade

New-car sales in the European Union rose 16% in May as continued strong demand and extra sales days helped the bloc post a 33rd straight month of growth.

Also read: U.K. Retail Sales Unexpectedly Decline as Inflation Bites

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