Europe Car Sales Rise the Most in Almost Two Years as Supply Recovers

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Auto sales in Europe jumped the most since May 2021 as supply of key components including semiconductors continues to improve.

New-car registrations jumped 26% in March to 1.42 million, the European Automobile Manufacturers’ Association said Wednesday, extending the industry’s growth streak to eight consecutive months. Carmakers are benefiting from orders accumulated during the worst of their supply crises and a weak year-ago showing.

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