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EU new-car market suffers worst performance in over two years

Baua Electric

The latest data from the European Automobile Manufacturers Association ( ACEA ) shows that every powertrain endured a double-digit decline in the month. Portugal (down 9.4%), Austria (down 8.9%), Czech Republic (down 8.7%), Denmark (down 5.1%) and the Netherlands (down 0.4%) also endured decreases. year on year in August.

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Hybrids shine as EU new-car market sees summer growth

Baua Electric

According to the European Automobile Manufacturers’ Association ( ACEA ), the increase was driven by hybrids , including full and mild hybrids. Meanwhile, the Czech Republic (up 8.5%), Romania (up 7.9%), Austria (up 7.6%) and Denmark (up 2.5%) also increased volumes. year-on-year increase. respectively. respectively.

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. New to the list is Belgium.

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