MILAN – Car sales in Europe rose for the fourth straight year in 2017, topping 15 million units for the first time in a decade.
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The ACEA association of European carmakers said Wednesday that car sales rose by 3.4 percent last year, from 14.6 million in 2016.
Italy and Spain tallied the strongest gains, nearing 8 percent, followed by France at nearly 5 percent and Germany at nearly 3 percent. But demand for new cars declined in Britain by nearly 6 percent on the heels of the vote to leave the European Union.
Mass-market carmaker PSA Peugeot Citroen expanded by a full 28 percent to over 1.8 million vehicles. Volkswagen remained the No. 1 automaker in the market, increasing a modest 2.3 percent to 3.5 million vehicles
