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German car sales jump in March, days of additional sales.
Reuters BERLIN - Sales of new cars in Germany jumped the most in almost a year in March on two extra days of sale, an industry source said, echoing signs of strong growth in other markets European car.
The passenger car registrations in the largest automotive market in Europe has increased by about 11 percent last month to about 360 000 cars, the source told Reuters on Tuesday on condition that he not be identified because the official sales data has not been published yet.
First quarter sales in Germany increased by 6 to 7 percent to about 845,000 vehicles by about 791,000 a year ago, said the source, helped by a total of three additional days of sale.
Besides the statistical effect, sales in the three months to March were helped by an increase of about 9 percent in private demand, the source said.
But enrollment in April look set to shrink again as the long Easter weekend reduce the number of selling days, he added.
Strong sales CHIME Germany with double-digit gains in March already reported in Italy and Spain, fourth and fifth largest European markets in 2016.
Expected sales data from official German cars that will be published by the association of the automotive industry VDA later than Tuesday of Germany.
Reporting by Andreas Cremer; Changing Maria Sheahan.
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German car sales jump in March, days of additional selling Yahoo Finance UK, German sales jump.