According to industry data published on Thursday, electric vehicles had the greatest impact on the overall increase in registration. The sale of completely electric drive cars increased in March by 23.6 percent, which balanced the decrease in the number of registration of gas and diesel cars – according to the data of the European Car Manufacturers Association (ACEA).
Difficult conditions for the European automotive industry
As Reuters notes, the European automotive industry is currently in a difficult market situation, in which in the fight against strong competition from Chinese producers, it is forced to fight to reduce high costs on domestic markets. In addition, European car manufacturers are currently struggling with the effects of 25 % duties on the import of cars introduced by the US President Donald Trump.
Europe also gets a ricochet in the war between the two largest economies in the world. The cute imposed by Trump on imports from China, and retaliation of Beijing, also reduce the forecasts of global economic growth, putting European automotive companies in the face of new risks.
Spain and Great Britain with the greatest growth
After two months of decline, in March Sales of cars in the European Union, Great Britain and the countries of the European Free Trade Association (EFTA) increased to 1.42 million cars – results from ACEA data.
In the EU alone, the total sales of cars fell by 0.2 percent. In terms of year to year, noting a decrease in the third month in a row.
Of the largest EU markets The largest increase was recorded in Spain, 23.2 percent. and in Italy 6.3 percent, While in France and Germany sales fell by 14.5 percent, respectively. and 3.9 percent.
IN Great Britain, the number of registrations increased by 12.4 percent.
Which brands gain the most?
In March, the number of new cars registered Volkswagenthe largest European manufacturer, increased by 10.3 percent Even greater SKOK (13 %) was recorded by the French Renault concern.
Meanwhile, the French-Italian-American concern Stellantis, recorded a decrease in sales in Europe by 5.9 percent.
Tesla notes the worst results, which Sales on the European market have fallen for the third month in a row. In March The number of registration of new Tesla was by 28.2 percent. smaller than a year earlier. The share in the total market of Elona Muska has decreased to 2 percent. with 2.9 percent a year earlier.
Electrics are gaining more and more popularity
According to the data of the Association of Car Registration with electric and hybrid drive, they grew up. In the case of cars powered only with batteries (BEV), sales increase was at the level of 17.1 percent, the sale of hybrid car (HEV) increased by 23.9 percent, and hybrid plug-in (PHEV) increased by 12.4 percent.
Electric vehicles – BEV, HEV or PHEV – sold in the block accounted for 59.2 percent. registration all passenger cars in March, while in the previous year this percentage was 49.1 percent.
