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European Car Sales surge by 25%

Sales of new cars in Europe rose 26.6% in November from a year ago as the Economy recovers and government cash handouts encouraged people to ditch clunkers for more fuel efficient models the EU Car makers association ACEA said on Tuesday.But strong sales this fall fail to fully compensate for a slow year. Some 1.18 million cars were sold in Europe in November and some 13.8 million over the year to date, down 2.8% from January November 2008 the association said.

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