New car sales in Europe rise for fifth month helped by EVs

Core Insights - New car sales in Europe increased year-on-year in November for the fifth consecutive month, driven by a rise in electric vehicle (EV) registrations in key markets such as Germany, Italy, and Spain [1] Group 1 - The increase in new car sales is attributed to the growing popularity of electric vehicles [1] - The data is sourced from the European auto lobby ACEA, indicating a positive trend in the automotive industry [1] - Key markets contributing to this growth include Germany, Italy, and Spain, highlighting regional variations in EV adoption [1]