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Low interest rates fuel US car sales rebound

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http://www.euronews.com/ Good news for the US economy as car sales there rose last month by the most since before the start of the financial crisis and recession four and a half years ago.

September sales were up by a much better-than-expected 13 percent from the same month last year – reaching almost 1.2 million.

General Motors and Ford credited improved consumer confidence from rising home prices and a drop in jobless claims.

Buyers were also able to get car loans at lower interest rates.

As fuel prices go up the manufacturers said Americans were tending to buy smaller vehicles.

Of the big three US firms, Chrysler was the best performer, its sales were up 12 percent, compared with GM’s 1.5 percent gain, while Ford was little changed.

Toyota overshadowed them with a 41.5 percent surge in sales last month. That was partly accounted for by sales a year ago suffering from inventory shortages following the earthquake in Japan.

Honda’s sales rose about 31 percent and Volkswagen enjoyed a 34.4 percent increase.

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Another Europe News

European Parliament Did Not Call For FIFA Probe

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Viral posts falsely claim that the European Parliament called for an investigation into FIFA’s President Gianni Infantino.

#TheCube sets the story straight.

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How should the European Union strengthen its’ economy

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How should the European Union strengthen its economy? Is it good for member states to take out loans?

MEP’s Pasquale Tridico and Markus Ferber give their opinions on this week’s episode of #TheRing.

Watch the full episode on euronews.com

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France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade

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France flaunts firepower and unity with allies as Macron hosts final Bastille Day parade

With nearly 6,700 troops, 98 aircraft, 31 helicopters and 315 vehicles, a record number of military personnel were marching the traditional route between the Arc de Triomphe and the Place de la Concorde.

READ MORE : http://www.euronews.com/2026/07/14/european-troops-join-paris-bastille-day-parade-in-show-of-unity-for-ukraine

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Is the US causing heat in Europe, evidence says no

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As the heat returns to Europe, social media accounts online are spreading misinformation on the cause of the recent temperatures. With some blaming the US for the heat in Europe. Available evidence does not support the claim.

#TheCube has the story.

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Can common debt fix Europe’s growth problem? MEPs debate in The Ring

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Can common debt fix Europe’s growth problem? MEPs debate in The Ring

In this week’s episode of The Ring, EU lawmakers Markus Ferber and Pasquale Tridico clash over whether common debt is the answer to Europe’s stagnant economy and weakened competitiveness.

READ MORE : http://www.euronews.com/2026/07/15/can-common-debt-fix-europes-growth-problem-meps-debate-in-the-ring

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