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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. This was almost 5pp ahead of the internal-combustion engine ( ICE ) market. The EU new-car market reached a total of 852,051 registrations in July, a 0.2% year-on-year increase.

Market 52
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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. Puzzling Petrol Petrol did not fare much better than its internal combustion engine (ICE) counterpart in August. This equated to a drop of over 144,000 units.