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The market share of diesel vehicles fell to 39.5% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. However, the performances of these markets offset volume declines in 13 other European markets. MPVs saw market share decline by 2.1 percentage points in February.
The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. By contrast, almost half of all EU member states have an ECV market share of 0.5% ECV Units sold. GDP per capita.
02 September 2024 Read next How have Europe’s largest used-car markets performed in the first half of 2024? 28 August 2024 The EU new-car market grew marginally in July, driven by strong hybrid growth as other popular powertrains struggled. The EU new-car market reached a total of 852,051 registrations in July, a 0.2%
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