Tag Archives: European Automobile Manufacturers’ Association

August 2024 EU Car Registrations Plummet

During August 2024, new EU car registrations saw a sharp decrease (-18.3%) with negative results across the region’s four major markets: double-digit losses were witnessed in Germany (-27.8% at 197,322), France (-24.3% at 85,977), and Italy (-13.4% at 69,161), with the Spanish market declining by 6.5% at 52,322, the ACEA trade group said today.

With eight months of 2024 elapsed, new car registrations increased by 1.4%, at ~7.2 million units. Spain (+4.5% at 671,551) and Italy (+3.8% at 69,161) showed positive but modest performance. The French and the German markets stagnated (-0.5% at 1,126,900 and -0.3% at 1,907,226 respectively). Continue reading

Posted in auto news, economy, manufacturing, marketing, news analysis, results, sales | Tagged , , , , , , , , , | Leave a comment

May 2024 Car Sales Drop 3% in EU

Registrations of battery-electric (BEV) cars declined by 12% to 114,308. The total EV market share dropping to 12.5%. Belgium – now the third-largest market by volume for BEVs – and France were the only key markets to record growth, at 44.8% and 5.4%, respectively. Germany (-30.6%) and the Netherlands (-11.7%) had significant declines. From January to May, a total of 556,276 new battery-electric cars were registered. This is a 2% increase from the same period last, according to the ACEA trade group. Continue reading

Posted in auto news, economy, electric vehicles, marketing, news analysis, results, sales | Tagged , , , , , , , , | Leave a comment

EU – Truck Makers Agree to Be Fossil-Fuel-Free By 2040

This is a bold move considering that ~97% of new European trucks sold are powered with diesel engines. It also underscores a growing movement of citizen voters who hold corporations accountable for negative social effects produced by their goods and services. The incoming President Biden Administration has promised to address environmental issues mocked by loser Trump and has already said it will rejoin l’accord de Paris. This agreement is within the United Nations Framework Convention on Climate Change (UNFCCC), dealing with greenhouse-gas-emissions mitigation. AutoInformed thinks that it is only a question of time before a similar deal is put in place in the US. Continue reading

Posted in alternative fuels, electric vehicles, energy, environment, milestones, news analysis, transportation | Tagged , , , , , , | Leave a comment