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Growth slows but European car sales remain on the up

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Growth slows but European car sales remain on the up

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Renault, Nissan and Fiat Chrysler led car sales in Europe last month but the overall pace of the market’s recovery slowed down.

Renault’s sales were lifted largely thanks to its recent models of the Clio and Captur while Nissan’s Qashqai boosted their profits.

According to the Brussels-based Association of European Carmakers, registrations rose 1.4 percent year-on-year to 1.15 million cars last month; well short of the market’s 8.1 percent expansion in January-April.

Sources say the weaker gain also reflected the timing of holidays that left fewer selling days than in May 2014.