Car sales in the European Union fell sharply in August, data from the car manufacturers’ association ACEA showed today.
In August, 644,000 new cars were registered in the EU, 18.3 percent less than in the same month last year, according to ACEA.
Sales stagnated in July, after a modest 4.3 percent growth in June, which marked the end of a four-month period of weaker results.
In August, all four leading markets recorded a decline, and sales in Germany decreased the most, by 27.8 percent. France is also close, with 24.3 percent fewer registered new cars than a year earlier. Italy also experienced a double-digit decline, by 13.4 percent. The mildest decrease in sales was in Spain, by 6.5 percent.
The European battery electric car market fell sharply in August, by as much as 43.9 percent, according to ACEA, after a 10.8 percent decline in the previous month.
Sales in Germany and France, the two largest European markets, fell by a “spectacular” 68.8 and 33.1 percent, respectively, the association points out.
In such conditions, the share of battery-powered electric cars in the European market decreased to 14 percent in August, from 21 percent in the same month last year.
In the period from January to August, the European car market grew by 1.4 percent compared to the same period last year, with 7.2 million new vehicles registered, according to ACEA.
In Germany and France, sales almost stagnated, and in Spain and Italy, they increased by about four percent.
The European market for battery electric cars fell by 8.3 percent, with 902,011 new cars registered.
Diesel sales fell by 9.7 percent, with 909,592 new cars sold.
Gasoline cars, despite a 2.9 percent drop in sales, maintained their leading position, with a third of the market share, and hybrid electric cars came close with a 31.3 percent share.
Source: Seebiz.eu
Photo: Archive Autoblog.rs / Peugeot
Source: autoblog.rs