New car sales in Europe fell by 18.3% in August to its lowest point in three years, brought about by double-digit losses in major markets such as Germany, France and Italy as well as from …
European new car sales in August 2024 drop to lowest point in three years – EV registrations down by 44%New car sales in Europe fell by 18.
In the first eight months of 2024, new BEV registrations accounted for 12.6% of the total volume in Europe, down by 1.4% from the 13.9% from the same period last year. Sales of petrol and diesel vehicles also contracted during the January-August period. but hybrids have gained traction in the overall table, with buyers viewing them as an affordable compromise between ICE and fully-electric paths.
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