European Union new car sales fell 18.3% in August to a three-year low, with electric vehicle registrations down 43.9%.
New car sales in the European Union fell 18.3% in August, reaching a three-year low, with significant declines in Germany, France, and Italy. Electric vehicle registrations dropped 43.9%, marking four months of decline, while plug-in hybrids fell 22.3%. Despite these decreases, overall new car registrations from January to August rose slightly by 1.4%, driven by growth in Spain and Italy, while France and Germany saw declines.
September 19, 2024
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