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07 Dec

Global car market up 9% in the first nine months: ACEA

The global automotive industry is recovering with production and sales mostly growing during the first three quarters of the year, though still below pre-pandemic levels, ACEA says on Thursday. According to a new report by the European automotive trade body, global car production rose 9.8% when compared to the same period in 2022 to over 55 million cars. North American car production increased 14.1%, while volumes in the EU rose by 13.8%, in the UK by 14.2%, and …
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