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car sales: Europe car sales jump 17% in July - The Economic Times

Auto sales in Europe experienced a 17% increase in July, marking the 12th consecutive month of growth. The rise in sales can be attributed to the growing demand for electric vehicles and improved availability of parts. Sales of battery-electric cars surged by 62%, while diesel models saw a decline of 9%. Despite the positive growth, the industry s outlook is uncertain due to concerns about higher living and borrowing costs impacting consumer demand. ....

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