Despite positive overall results for new car registrations in the first half of 2024, there are worrying signs of slowing growth, according to JATO Dynamics first-half analysis of new passenger car registrations in 28 European countries

Registrations increased by just 4.4% from January to June, rising from 6,559,213 units in H1 2023 to 6,847,842 units in H1 2024.

Felipe Munoz, global analyst at JATO Dynamics, said: “Europe's growth is becoming more moderate and remains far from pre-pandemic levels. This is due to a more complex operating environment, including stricter emissions regulations, rising vehicle prices, and challenges in electric vehicle (EV) adoption.

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