WRAPUP 1-Germany and Spain auto sales spur recovery hopes

Newswire

By Laurence Frost and Andreas Cremer PARIS/BERLIN, May 3 (Reuters) - Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out. Spanish car sales jumped 11 percent while registrations in Germany, the region's biggest market, advanced 3.8 percent for the first gain in six months, national industry body data showed. It was the biggest advance in ...

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