Jato Dynamics data across 28 European markets reveals that the SUV market share has possibly reached a peak.
April was largely positive for Europe’s new car market with a total of 1,080,517 vehicles registered during the month, marking a 12.6% increase compared to April 2023.
This growth was primarily driven by demand for B-hatchbacks and compact cars. Year-to-date figures indicate 4,461,734 new units registered so far in 2024, a rise of 6.7% over the same period last year.
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