European car sales increase 9.6 percent, led by Toyota, Hyundai, Ford

by SpeedLux
GTC4Lusso model

European car sales increased 9.6 percent in April, led by Toyota, Hyundai and Ford, and improved by an increase in the number of business days, as per the industry data published on Thursday.

Registrations in EU and European Free Trade Area countries amounted to 1.349 million cars last month from 1.231 million a year ago, Brussels-based industry association ACEA stated.

Big credit goes to the timing of this year’s Easter holiday, European showrooms were open for business on more days last month compared to April 2017, assisting the year-on-year progression.

Toyota and Hyundai posted sales boosts of 20.3 and 15.3 percent respectively, where as Ford’s registrations increased 14 percent and Volkswagen Group’s increase of 13.1 percent.

Renault sales advanced 10 percent, where as the Peugeot brand increased 15.3 percent and PSA Group stablemate Citroen posted a 6.9 percent boost.

However Fiat Chrysler lost ground as its sales edged only 2.3 percent higher, underperforming the market due to a 4.5 percent decrease at the core Fiat brand.

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