FRANKFURT — German new-car sales rose 37 percent in August to 273,417, boosted by demand for EVs, which jumped 171 percent.
Electric vehicle registrations were helped by the impending end of incentives for business buyers on Sept. 1. Tesla had offered additional discounts for company cars registered by that date.
Smart, Jeep, MG and Suzuki saw the biggest rises among mass-market brands.
Battery-electric car registrations rose to 86,649 in Germany in August, according to data…
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