A first in 2024: New car sales in the EU fell by 5 percent in March

AA

The European Manufacturers Association (ACEA) shared new car registration information for EU countries for March.

New car sales in EU countries were recorded as 2023 million 5,2 thousand 1 units last month, with a 31 percent decrease compared to the same month in 875.

Sales fell for the first time this year

Thus, the EU new car market decreased for the first time this year. The decline in question was caused by the Easter holiday period and the weakening of the market.

35,4 percent of new cars sold in the Union member countries are fuel-fuelled, 29 percent are hybrid, 13 percent are electric, 12,4 percent are diesel, 7,1 percent are plug-in hybrid and 3 percent are plug-in hybrid. XNUMX were vehicles using other fuel types.

Electric vehicle sales also declined

Electric car sales decreased by 11,3 percent in March compared to the same period last year, dropping to 134 thousand 397.

New car sales decreased by 6,2 percent in Germany, 4,7 percent in Spain, 3,7 percent in Italy and 1,5 percent in France in March compared to the same period last year.

In the first quarter of the year, total sales increased by 4,4 percent compared to the same period last year, reaching 2 million 768 thousand 639.

Top selling brands

According to manufacturers, the Volkswagen Group sold the most new cars in the EU in March with 251 thousand 7 vehicles.

The Volkswagen Group was followed by the Stellantis Cluster. Stellantis Cluster, which includes brands such as Peugeot, Fiat, Citroen and Opel, sold 189 thousand 81 cars.

Renault Cluster ranked third with 108 thousand 201 new cars, and Toyota Cluster ranked fourth with 79 thousand 768 new cars.

News Source: Anadolu Agency (AA)