Money Buzz! Europa

Tag: ACEA

  • 11.9% of total passenger car sales across the EU last year were hybrid electric vehicles

    11.9% of total passenger car sales across the EU last year were hybrid electric vehicles

    In 2020, hybrid electric vehicles made up 11.9% of total passenger car sales across the EU, up from 5.7% in 2019, ACEA reports.

    Electrically-chargeable vehicles saw a similar surge in demand last year, accounting for 10.5% of all new car registrations in the European Union, compared to a 3.0% market share the year before.

    Even more, in the fourth quarter of 2020, nearly one in six passenger cars registered in the European Union was an electrically-chargeable vehicle (16.5%).

    Stimulus packages introduced by governments to boost demand to stimulate alternatively-powered vehicles in particular, further driving demand for low and zero-emission cars.

    Although the overall decline of 3 million units in car registrations as a result of COVID-19 hit diesel and petrol-powered vehicles the hardest, conventional fuel types still dominated EU car sales in terms of market share (75.5%) in 2020.

  • Passenger car registrations in Europe: -32% in the first eight months

    Passenger car registrations in Europe: -32% in the first eight months

    Over the first eight months of 2020, EU demand for passenger cars contracted by 32.0%. In total, 6.123.852 new cars were registered across the European Union from January to August, almost 2.9 million less than during the same period last year.

    In total, 6,123,852 new cars were registered across the European Union from January to August, almost 2.9 million less than during the same period last year.

    Among the EU’s largest markets, Spain saw the biggest decline (-40.6%) so far this year, followed by Italy (-38.9%), France (-32.0%) and Germany (-28.8%).

    During the month of August the EU car market posted a stronger decline (-18.9%) again, although less dramatic than earlier in the year.

    With the exception of Cyprus (+14.1%), all countries in the region recorded losses compared to August 2019.

    Looking at the four major EU markets, Italy performed best, with a slight drop of 0.4%, while the strongest declines were seen in Germany (-20.0%) and France (-19.8%).

    Data was provided by The European Automobile Manufacturers’ Association (ACEA).