Europe Car Sales Jump 17% as Growth Streak Reaches a Full Year
08/30/2023 15:33
Auto sales in Europe rose in July as growing demand for electric vehicles and improved parts availability helped fuel an 12th consecutive month of growth.
Auto sales in Europe rose in July as growing demand for electric vehicles and improved parts availability helped fuel an 12th consecutive month of growth.
New-car registrations increased 17% to 1.02 million vehicles, the European Automobile Manufacturers’ Association said Wednesday. Sales of battery-electric cars surged 62%, while deliveries of diesel models declined 9%. Markets including Germany, France and Spain saw double-digit sales growth.
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Europe Car Sales Jump 17% as Growth Streak Reaches a Full Year