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As expected, new car registrations in Europe fell in August 2019 in comparison to the same month last year. However, the results are not as bad as they seem.
Despite continuing economic uncertainty and diminishing consumer confidence, the European car market registered growth in July 2019, as registrations were up by 1.2% to 1,325,600 units.
The poor conditions of the wider market are finally impacting SUVs. Demand may be peaking after many years of growth
The market had a welcoming response to the latest vehicle launches in May. Moving forward, there’s still a long way to go until there is real progress with EVs…
The European car market stabilised in April 2019 after an extended period of decline. In total 1.34 million vehicles were registered – the same number as in April 2018…
It was the first time that registrations of electrified cars (BEV, PHEV, HEV) exceeded the 100,000 units mark, with a total of 125,400. Demand was up by 31% – mostly driven by German, Norwegian, Spanish and Dutch registrations.
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