EU car registrations fall 3% YTD in February 2025
From Yahoo Finance: 2025-03-26 08:40:00
New car registrations in the EU decreased by 3% in February 2025 YTD compared to 2024. Italy, Germany, and France saw declines, while Spain had an 8.4% increase. BEVs accounted for 15.2% of the market share, up from 11.5% in 2024, with a 28.4% increase in sales.
Hybrid-electric vehicles maintained their status as the preferred choice in the EU, capturing 35.2% of the market share. Petrol and diesel cars fell to 38.8% market share, down from 48.5% in 2024. BEV sales grew by 28.4%, with Germany, Belgium, and the Netherlands leading in registrations.
Hybrid-electric car registrations rose by 18.7% in February 2025 YTD, with France leading the increase at 51.4%. Plug-in hybrid electric vehicle registrations fell by 5%, representing 7.4% of total car registrations in the EU. Petrol and diesel car registrations declined by 20.5% and 28% respectively.
In January, new car registrations in the EU fell by 2.6%. February 2025 YOY variation showed a rise of 23.7% for battery-electric and 19% for hybrid-electric cars. Petrol car registrations dropped by 20.5%, with France experiencing the steepest decline at 27.5%. Diesel car registrations declined by 28%.
Read more: EU car registrations fall 3% YTD in February 2025