German Manager Magazine: Auto industry: Car registrations in the EU fell in November – fewer electric cars003843

The European car market continued to lose momentum in November. According to the industry association ACEA on Thursday, 869,816 vehicles were newly registered in the EU, 1.9 percent less than a year ago. Things went down particularly sharply France with a decrease of 12.7 percent, followed by Italy with minus 10.8 percent. On the German market the decline was 0.5 percent. There is, however, a ray of hope Spain, where 6.4 percent more vehicles were sold.

A turnaround in the electric car market is still a long time coming: 130,757 of these vehicles were sold, which is 9.5 percent less than in the previous year. Business is particularly bad in Germany and France, each with a loss of more than a fifth. In the Federal Republic, the market for this drive has been under pressure since the environmental bonus was abruptly abolished. Plug-in hybrids also sold worse. These are cars that, in addition to a gasoline or diesel engine, also have an electric drive and can be charged from a socket.

Toyota with sales growth

However, hybrid vehicles, which do not have an external power connection, are on the rise. Almost a fifth more of these cars were sold than in the previous year. They have now overtaken classic petrol engines in terms of market share.

The brands stand out Toyota with a sales increase of a good 17 percent in November. The Japanese are known for their hybrids. However, things went downhill for him Opel-Parent company Stellantis, which sold a good ten percent fewer cars.

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