EU Car Market Sees Mixed Performance in January 2025 with Electric Vehicles Gaining Ground

EU Car Market Sees Mixed Performance in January 2025 with Electric Vehicles Gaining Ground

The European Union’s car market experienced a modest decline in January 2025, with new car registrations decreasing by 2.6% compared to the same period last year, according to the latest data from ACEA. This downturn was primarily driven by decreases in major markets such as France (-6.2%), Italy (-5.8%), and Germany (-2.8%). Conversely, Spain recorded a 5.3% increase in registrations, bucking the overall trend.

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