By Mauro Orru
Passenger-car registrations in the European Union continued their ascent in June, although the pace of growth has been more modest than in previous months, the European Automobile Manufacturers Association, or ACEA, said Friday.
New car registrations--a reflection of sales--rose 10% year-on-year to 1.05 million units in June, with growth of 25% from January to June to 5.4 million units.
The development marks a deceleration from levels of growth seen in May, when new car registrations in the bloc increased 53%.
Among the major car markets, Germany recorded a year-on-year gain of 24.5% in June, with Spain up 17% and Italy up 13%, while passenger car sales in France fell 15%.
Write to Mauro Orru at firstname.lastname@example.org; @MauroOrru94
(END) Dow Jones Newswires