Automotive market rising in Europe: +13.7% in April

Milan – In April 2024, the European Union automotive market grew by 13.7%, reaching a complete of 913,995 new registrations, pushed by robust will increase in all main markets, together with Spain (+23.1%), Germany (+19.8%) and France (+19.8%). Recorded. 10.9%), Italy (+7.7%). If we keep in mind the expanded space of ​​EFTA nations and the UK, this determine decreases to 12%. This progress may be partially defined by the truth that gross sales quantity elevated by two days in comparison with April 2023, which was April of final yr. The Easter vacation has fallen. It is talked about as follows:thatEuropean Manufacturers Association

In the primary 4 months of this yr, the variety of new automotive registrations within the EU elevated by 6.6% to nearly 3.7 million models. Key markets recorded strong progress, together with Germany and Spain (+7.8%), France (+7%) and Italy (+6.1%). Also in April, electrical automobiles maintained nearly 12% of the EU automotive market, electrical hybrids elevated from 24.9% to 29.1%, and petrol and diesel automobiles decreased from 52.8% to 48.9%.

rejection of Stellantis

The variety of registered automobiles in Stellantis Group was 166,534, a lower of 1.5% in comparison with the identical month in 2023. Market share is 15.4% in comparison with 17.5% in April 2023. During the 4 months, the group registered 764,604 models, up 2.9% in comparison with the market. During the identical interval final yr, the market share elevated from 17.7% to 17.1%.