February 24, 2021 European new car market starts 2021 with record market share for SUVs

The demand for SUVs shows no signs of stagnation, and Europe is showing similar patterns of growing popularity to those seen in the USA and China.
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The demand for SUVs shows no signs of stagnation, and Europe is showing similar patterns of growing popularity to those seen in the USA and China.
Building upon JATO’s service offering, leasing software provider, Sofico, has developed a real-time integration for its leasing customers – sourcing this data from JATO.
The strong demand for EVs resulted in two electric models securing places in the top 3 European best-selling cars.
For the majority of the year the market share of SUVs remained stable in Europe, between 40% to 41% of total market.
Becoming the continent’s top-selling electric car and placing 29th in the overall ranking, the Volkswagen ID.3 owes much of its success to businesses and fleets
For the first time in the modern era, alternative-fuelled-vehicles outsold one of the two internal combustion engine (ICE) types. This marks significant change – for just five years ago, diesel cars were a dominant player in Europe.