Latest news with #newcarsales
Bloomberg
24-07-2025
- Automotive
- Bloomberg
Europe Car Sales Drop the Most in 10 Months as EV Growth Slows
Automakers called for Europe to further stimulate demand for battery-powered vehicles after sales of all new cars fell in June by the most in 10 months. Registrations dropped 5.1% to 1.24 million vehicles, the European Automobile Manufacturers' Association said Thursday. While demand for battery-electric cars continues to rise, sales grew at the slowest pace this year.
BreakingNews.ie
01-07-2025
- Automotive
- BreakingNews.ie
New car sales boom in June on back of EVs boost
New car sales in June rose by nearly 60 per cent, with the bulk of the growth coming from newly registered electric cars (EVs). In what is traditionally a quiet month for car sales ahead of the numberplate change on July 1st each year, June saw 2,376 sales compared to 1,493 for the same month last year. Advertisement EVs made up 50.7 per cent of June registrations, with Tesla accounting for 524 of the registrations last month. So far this year, the new car market is up 3.4 per cent with 81,686 sales. Petrol remains the most popular engine format, with a 27.25 per cent market share, ahead of regular hybrids with 22.8 per cent, followed by diesel on 17.3 per cent, and electric on 16.6 per cent. A further 15 per cent is made up of plug-in hybrid (PHEV) models. Toyota remains the best-selling car brand with 11,421 registrations this year, ahead of Volkswagen with 9,066, Hyundai with 7,805, Skoda with 7,513 and Kia with 6,403. The popularity of premium brands means BMW is now the sixth best-selling car brand on the Irish market with 3,308 registrations, outselling mainstream brands like Nissan, Ford, Renault and Peugeot. Similarly, Audi is the eighth best-selling brand with 3,021 sales. Advertisement Hyundai's Tucson is the best-selling model with 3,334 sales, ahead of Toyota's Rav4 on 2,432 and its Yaris Cross on 2,398. The hire-drive market now accounts for 11.4 per cent of total registrations, making up 9,282 new vehicles added to the Irish car fleet, while the motor industry itself accounts for 12.1 per cent of registrations, comprising cars registered by either the Irish distributor or local dealers for use as demonstrator or test drive cars.
Reuters
05-06-2025
- Automotive
- Reuters
UK new car sales recover in May as EV discounts attract buyers, SMMT data shows
June 5 (Reuters) - Britain's new car sales rose from a year earlier in May, marking the second month of recovery in 2025, amid heavy discounting by electric vehicle makers, a report by the Society of Motor Manufacturers and Traders (SMMT) showed on Thursday. Chinese EVs have been rapidly expanding in the European markets by offering deep discounts and forcing other automakers in an intense price war that has strained their profit margins. New car registrations rose 1.6% year-over-year to 150,070 units during the month, SMMT said, the best May performance since 2021. Electric vehicles accounted for more than 47% of the total car sales in May with battery electric vehicle sales rising 25.8% year-over-year. "A return to growth for new car registrations in May is welcome but manufacturer discounting on new products continues to underpin the market, notably for electric vehicles," SMMT chief Mike Hawes said in a statement. The auto industry, already strained by supply chain disruptions and stiff competition, has been forced to cut prices amid brittle consumer sentiment, uncertain global trade policies, and the costly shift away from internal combustion engines. "The continued rise in EV registrations shows a growing consumer appetite for sustainable transport, further fuelled by the government's recent announcement to remove the need for planning applications for at home EV charging installations," said Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte. Tesla (TSLA.O), opens new tab sold 2,016 cars in the UK during the month, a 36.04% decline year-over-year, according to SMMT. Data published earlier this week by research group New AutoMotive showed a bigger 45% drop in the automaker's UK sales.
Washington Post
30-05-2025
- Automotive
- Washington Post
Most new cars in Norway are EVs. How a freezing country beat range anxiety.
FINNMARK, Norway — Just a few years ago, almost no one drove electric vehicles up here. In this remote region north of the Arctic Circle — where reindeer outnumber people, avalanches can bury roads in winter and sunlight disappears for weeks — 'range anxiety' takes on a new meaning. Today, however, nearly all new car sales in Norway are electric. That's true even in Finnmark, the northernmost region in Europe's northernmost country.
