EU new car registrations up 10.1% in February

In February, the EU car market surged by 10.1% compared to the same month last year, reaching 883,608 units, the ACEA said. Among the four major EU markets, France and Italy grew by double-digits, with Spain and Germany following. In the first two months of this year, car registrations grew by 11.2% to 1.7 million units, the group said. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz Group (DDAIF), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).