In March 2024, Europe experienced a significant decline in car sales, with a 2.8% drop to 1.38 million units, primarily driven by weaker demand for electric vehicles (EVs). The European Union saw a 5.2% year-on-year decrease in new car sales, marking the biggest drop in 16 months since July 2022 and the first decline this year, influenced by an early Easter. Notably, battery electric car registrations in the EU decreased by 11.3% to 134,400 units. Major automakers like Volkswagen and Stellantis were particularly affected by this downturn.
Electric car demand plunges across Europe https://t.co/3rm0r8zg75
Weak EV Market Dragged Down European Car Sales In March https://t.co/h0xgb9qWle
Electric Vehicle Sales Plunge Across Europe as Demand Stalls https://t.co/TPjHgK0yTT
The EV boom is slowing down in Europe. Battery electric car registrations in the EU in March 2024 shrank 11.3% to 134,400 units, reflecting the broader market downturn.
Europe car sales drop in March as EV weakness persists https://t.co/NvLxH2IbjL via @rafaelalindeber https://t.co/9si6pabCIn
Passenger-car sales in Europe fell 2.8% in March as automakers including Volkswagen and Stellantis faced weaker demand, particularly for electric vehicles https://t.co/At8UhzDwZe
⚠️ EARLY EASTER CAUSES EU NEW CAR SALES TO DROP 5.2% IN MARCH, SAYS ACEA Full Story → https://t.co/nSavyMgsai New car sales in the European Union fell by 5.2% year-on-year in March, marking the first decline this year and the biggest since July 2022, Europe's auto industry… https://t.co/ZVofUMS6FB
EU car sales tumble 5.2% annually in March, the biggest drop in 16 months https://t.co/YxXRpOhy5z
Europe Car Sales Drop In March As EV Weakness Persists - BBG https://t.co/pYMBkE9Gxh
Europe Car Sales Drop in March as EV Weakness Persists https://t.co/vkCgW6EhEe
Global | Europe car sales fall 2.8% in March to 1.38 mn on weak EV demand (Agencies) https://t.co/OQywvvCx4J
Global | Europe car sales fall 2.8% in March to 1.38 mn on weak EV demand ( Agencies) https://t.co/AUAetMoQ0e
Global | Europe car sales fall 2.8% in March to 1.38 mn on weak EV demand https://t.co/iRBRx3qUAJ
🚨 Volkswagen electric car sales plunge as Europe returns to petrol
"Electric car registrations in Germany fall by almost 30 percent April 9, 2024 Germany's ambitions to take a leading role in electromobility suffered a severe setback in the first quarter of this year. A significant drop in sales is emerging. Only 31,384 electric vehicles were…