FRANKFURT -- Germany joined France, Italy and Spain in posting higher new-car sales in March, adding to signs that a recovery in the European market is gaining strength.
German new-car registrations rose 5 percent to 296,408 last month, driven by gains from the major German brands except for Porsche and Smart, the Federal Motor Transport Authority KBA said today. Sales to private customers rose 3 percent.
First-quarter registrations are up nearly 6 percent to 711,753 compared with a year earlier.
Car sales rose 9 percent in France to 179,871 in March as the country's stop-and-start rebound appeared to find a firmer footing.