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European car sales rise in February amid volume brand slump

European car sales rise in February amid volume brand slump

FRANKFURT, Mar 16 (Reuters) European new car registrations rose 2.1 percent in February, even as large markets like Germany and volume brands like VW, Opel, Vauxhall and Peugeot posted lower sales, the Association of European Carmakers (ACEA) said on Thursday. Car sales in the European Union and the countries of the European Free Trade Association reached 1,114,443 vehicles last month thanks to 6.2 percent rise in sales in Italy, a 15 percent increase in the Netherlands, and a 0.2 percent gain in demand for cars in Spain. Large markets including Germany, France and Britain saw sales fall 2.6 percent, 2.9 percent and 0.3 percent respectively in what is traditionally a slow sales month. Volkswagen's VW brand saw February sales fall 7 percent, while Peugeot saw sales drop 3.7 percent and Opel/Vauxhall recorded a fall of 1.2 percent in deliveries. Among the top gainers was Fiat, with an 8.3 percent sales rise and Renault, which saw a 5.3 percent increase in registrations. Among the premium brands, Mercedes-Benz recorded a 3.4 percent sales gain, outpacing rival Audi, which saw a 2.2 percent rise, while rival BMW saw registrations fall by 0.5 percent, ACEA figures showed. While demand for passenger cars in the European Union alone increased only modestly by 2.2 percent, the 1,078,503 registrations comes close to February 2008 levels, just before the economic crisis hit, ACEA said. REUTERS SV GC1348

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Honda launches 'all new second generation Honda Amaze' in Kerala market

Honda launches 'all new second generation Honda Amaze' in Kerala market

22 May 2018 | 2:19 PM

Kochi, May 22 (UNI) Honda Cars India, a leading premium car manufactures in the country has launched its ‘’All-New Second Generation Honda Amaze’’ in Kerala Market at a function here on Tuesday.

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TVS Motor launches Silver Alloy edition, cross sales milestone of 20 lakh units

TVS Motor launches Silver Alloy edition, cross sales milestone of 20 lakh units

14 May 2018 | 5:08 PM

Chennai, May 14 (UNI) Two and three wheeler maker TVS Motor Company on Monday
launched TVS Sport Silver Alloy edition in India.

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Ford India launches EcoSport S, Signature Edition with sunroof at Rs 10 40 lakh

Ford India launches EcoSport S, Signature Edition with sunroof at Rs 10 40 lakh

14 May 2018 | 4:59 PM

Mumbai, May 14(UNI) Ford India today announced the expansion of EcoSport model lineup with a new top-of-the-line EcoSport S and Signature Edition.

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Volvo Car India opens National Parts Warehouse

Volvo Car India opens National Parts Warehouse

08 May 2018 | 7:48 PM

Mumbai, May 8 (UNI) Swedish luxury car company Volvo Car India inaugurated the National Parts Warehouse in Bhiwandi on Tuesday.

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Tata Motors announces nationwide launch of TATA NEXON AMT

Tata Motors announces nationwide launch of TATA NEXON AMT

02 May 2018 | 6:16 PM

Mumbai, May 2(UNI) Tata Motors on Wednesday announced the launch of its latest and the most-awaited product in this segment-the Tata NEXON HyprDrive Self-Shift Gears (S-SG).

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