(Add detail of Volkswagen's market share)

 

By William Wilkes

 

FRANFURT--New car registrations in Germany jumped 12% in February compared with the same period a year earlier, with sales growth in Mercedes cars hitting almost 25%, federal motor vehicle agency KBA said Wednesday.

Volkswagen retained the largest market share, at 21%, but sales of its cars grew at a slower rate than other major German manufacturers.

The rise in February registrations, a mirror of sales, to 250,302 was much stronger than the 3.3% annual increase seen in January and the around 8% gain seen in December.

Sports car sales also shot up, rising over 42% and sports utility vehicle sales increased around 33%. Sales of hybrid cars surged 26%.

Write to William Wilkes at william.wilkes@wsj.com

 

(END) Dow Jones Newswires

March 02, 2016 08:01 ET (13:01 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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