In September, new car registrations increased by 9.2%, reaching 861,062 units, “marking the EU car market’s fourteenth consecutive month of growth,” said the ACEA. Two of the EU’s largest markets saw substantial gains, with Italy up 22.7% and France up 10.7%, the group noted. Germany’s market was relatively steady, with a tiny 0.1% drop compared to September 2022, ACEA added. Publicly traded companies in the auto space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz Group (DDAIF), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
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