Growing demand for green cars across Europe has been highlighted in July registrations data that prompted renewed hope for a ‘V-shaped’ COVID-19 recovery in the region.
Electric vehicles (EV) and hybrid sales across Europe delivered a record 16.2% market share as overall car registration volumes declined by 24% as the sector emerged from COVID-19 lockdown.
There remains insufficient data to forecast a V- or U-shaped COVID-19 car retail recovery in Europe after sales declined by 57% across the region in May, according to Jato Dynamics.
New car sales across Europe were 52.3% down year-on-year in May as the easing of lockdown measures in certain regions delivered a slight improvement over April.
Jato Dynamics has said that no car manufacturer was prepared for or expecting “such a large-scale crisis” after COVID-19 lockdown delivered a 78.1% April decline in new car registrations across Europe.
Four industry associations representing Europe’s automotive sector have joined forces to call for car scrappage schemes as part of a 25-point COVID-19 coronavirus recovery plan.
New car sales declined to their lowest February total since 2015 across Europe as Renault’s Clio toppled the Volkswagen Golf from the top of the region’s best seller rankings.
Electrified alternative fuel vehicles (AFVs) delivered double-digit market share in 19 European countries as registration volumes declined 7.6% during January, Jato Dynamics has reported.
A manufacturer-led rush to clear their stocks of vehicles with high CO2 emissions levels contributed to a 21% increase in new car registrations across Europe in December, JATO Dynamics has claimed.
The UK was one of just three European nations to experience a decline in new car registrations the region’s delivered 8% volume growth during October – its best result during the month for a decade.
Volkswagen and Tesla were among the European new car market’s biggest market share winners as registrations in the region rose by 14% during September, Jato Dynamics has reported.
An 8.7% decline in new car registrations across Europe during August has been attributed to the rush to sell vehicle not compliant with the incoming WLTP a year earlier.
Demand for SUVs appeared to stall across Europe during June as the region suffered a 7.9% overall decline in registrations, Jato Dynamics has reported.
Europe’s highest volume of May new car registrations since 2007 helped to maintain a degree of stability in the market last month – with a sales increase 0.2% across the month.
Europe’s new car registrations in April matched 2018’s record high for the month as petrol and electric vehicles (EVs) mitigated the effects of declining demand for diesel.
Electric vehicle (EV) sales rose by 85% across Europe as the region suffered its seventh consecutive month of declining car sales.
Europe experienced its fifth consecutive month of new car sales decline during January, but still managed to register the month’s highest volumes for a decade.
The UK market suffered Europe’s largest decline in registrations during a year in which the region delivered its highest new car registrations total since 2007.
PSA Group overtook the Volkswagen Group as Europe’s best-selling car brand as the effects of WLTP’s implementation resulted in the region’s biggest monthly registrations decline in a decade during September.
New car sales across Europe delivered their highest monthly total for July since 2009 as 1.31 million vehicles hit the roads of the region last month – a 10% increase of year-on-year.