Economics
European Car Sales Rise Second Straight Month on Spain Surge
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European new car sales rose for two consecutive months for the first time since 2011 as a cash-for-clunkers program in Spain and a regional economic recovery spurred consumers to purchase vehicles.
Registrations in October advanced 4.6 percent from a year earlier to 1.04 million autos, the Brussels-based European Automobile Manufacturers Association, or ACEA, said today in a statement. Sales in September climbed 5.5 percent.