European car sales rose 5% in 2014 on shift to low-cost brands

European car sales rose 5% in 2014 on shift to low-cost brands

European car sales in 2014 rose for the first time in seven years, thanks to incentives, tax breaks and a consumer shift to cheaper brands such as Dacia and Skoda.

Registrations in the EU and EFTA markets rose 5 percent to 13 million cars last year, industry association ACEA, said today in a statement .

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