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Europe Car Sales Slump Drags On With Worst February Since 2013


Mar 18 2021, 1:45 AM
March 17 2021, 12:30 PM
March 18 2021, 1:45 AM
(Bloomberg) Europe’s automakers are shrugging off depressed sales at home as investors take a more bullish view of their electric-vehicle prospects.
(Bloomberg) Europe’s automakers are shrugging off depressed sales at home as investors take a more bullish view of their electric-vehicle prospects.
The Stoxx 600 Automobiles & Parts Index climbed Wednesday to an almost three-year high even after the industry’s trade group reported worst February for new-car registrations since 2013. Volkswagen AG and BMW AG led gains, with the latter joining the former in laying out more details about its EV ambitions. ....

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