New car sales stagnating

European car sales rose a meagre 1.2% last month as consumer confidence stagnated, according to data released by the Association of European Auto Manufacturers today.

Registrations, which mirror sales, totalled just 1.24 million, after climbing 4.1% in April and 6.9% in May. January-May sales were up only 2.8% on the year, ACEA added.