The new car market in the EU developed weakly in the first quarter. The new registrations decreased by 1.9 percent compared to the same period in the previous year, as the European manufacturer Association ACEA announced on Thursday. The sales of E-cars and hybrids increased clearly, especially the US manufacturer Tesla However, lost massively on market shares.
The new registrations of e-cars increased by 23.9 percent to almost 413,000 in the year. They had a market share of 15.2 percent compared to 12.0 percent in the first quarter of 2024. Germany However, the increase was particularly strong at 38.9 percent, but this is mainly due to the fact that the sales had broken into in the comparison period as a result of the expiry of the sales bonus.
According to the ACEA, the number of new registrations of hybrid cars increased by 20.7 percent. At 35.5 percent, this drive type had the largest market share in the first quarter. Especially in France (47.5 percent) and Spain (36.6 percent) the sales increased, also in Italy And Germany was two digits compared to the previous year. Plug-in hybrids increased by 1.1 percent to a market share of 7.6 percent.
Diesel and petrol engine sold significantly worse than in the previous year. In France, new registrations decreased by 34.1 percent, in Germany by 26.6 percent. Cars with a petrol engine still came to a market share of 28.7 percent, diesel to 9.5 percent.
Tesla confirms downward trend
Tesla continued his downward trend. After massive sales in January and February, a minus of 36 percent was recorded again in March. The company sold the US Presidential advisor throughout the first quarter Elon Musk (53) According to ACEA, 45 percent fewer new cars in the EU than in the same period last year.
The company reported a drop in profits by 71 percent in the first quarter on Tuesday. Musk then announced that his political commitment. Tesla had controversial role in the government of Musk Donald Trump (78) and his support for extremely right -wing parties in Europe suffered massive damage to the image. The e-car pioneer also suffers from the strengthened competition, which has now caught up with the technology.