European car market grows nearly 5 pct in July -Germany's VDA

Newswire

* European (EU27+EFTA) market up 4.8 pct y/y at 1.02 mln cars * European market drops 5.2 pct to 7.46 mln cars in Jan-July * German carmakers confident demand will stabilise in H2 FRANKFURT, Aug 16 (Reuters) - Europe's ailing car market grew in annual terms for only the second time this year in July, supporting hopes of a much-needed stabilisation in the second half of 2013. Registrations of new cars in Europe rose 4.8 ...

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