Europe’s New Car Registrations Decline for Second Consecutive Month, Reports ACEA

In September, new car registrations in Europe saw a decline for the second consecutive month, driven by reduced sales in France, Germany, and Italy, according to data released by the European Automobile Manufacturers’ Association (ACEA) on Tuesday.

New car sales fell by 6.1 percent compared to the same month last year, though this decline was significantly milder than the 18.3 percent drop observed in August.

Three out of the four major markets reported negative trends in September. France experienced a steep decline of 11.1 percent, while sales in Italy dropped by 10.7 percent. Meanwhile, the German market saw a decrease of 7.0 percent. In contrast, Spain recorded a positive growth of 6.3 percent.

Battery-electric vehicles comprised 17.3 percent of the EU car market, with sales volume increasing by 9.8 percent.

On the other hand, sales of plug-in hybrid cars fell significantly by 22.3 percent, with declines noted in all major markets. Plug-in hybrids made up 6.8 percent of the car market.

Hybrid-electric registrations rose by 12.5 percent, boosting their market share to 32.8 percent. Conversely, petrol car sales plummeted by 17.9 percent, and the diesel car segment contracted by 23.5 percent.

From January to September, new car registrations edged up by only 0.6 percent, nearing 8 million units, according to the data.

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