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The EU market for new passenger cars increased by 10 percent

Europe

In just the first two months of 2024, more than 1.7 million new passenger cars were sold in the EU, which is 11.2% more than in the past.

The EU market for new passenger cars increased by 10 percent

According to the European Automotive Association ACEA, sales of new passenger cars in the EU in February increased by 10.1% compared to the same month last year, reaching 883,608 units.

Among the four main markets of the European Union The largest growth in demand was recorded in France (+13%) and Italy (+12.8%), followed by Spain (+9.9%) and Germany (+5.4%).

Sales Battery electric vehicles (BEVs) in the EU grew by a modest 9% to 106,187 units, maintaining a stable market share of 12 percent.

At the same time, sales of hybrid vehicles (HEVs) increased by 24.7% to 255,511 units, representing 28.9% of the market. Demand for plug-in hybrid vehicles (PHEVs) also increased by 11.6% to 64,351 units.

The gasoline vehicle market grew by 6.1% to 313,821 units. However, despite this, the share of gasoline cars in February sales in EU markets fell from 36.9% to 35.5%.

Sales of diesel cars decreased by 5.1%, to 113,891 units, which accounts for 12.9% of the market versus 15% last year.

In just the first two months of 2024, more than 1.7 million new passenger cars were sold in the EU, which is 11.2% more than in past.

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