Sales of new cars increased by 17% in July in Europe, up to 1.02 million vehicles, compared to the same month in 2022, growth that has been registered for the twelfth consecutive month, the European Association of Vehicle Manufacturers announced on Wednesday. automobiles.
The increase in sales in July was due to the growing demand for electric vehicles and the increase in the availability of spare parts, which boosted, for the twelfth consecutive month, the growth of automobile sales, the association said in a statement cited by Bloomberg Financial News agency.
Sales of electric cars rose 62% in July this year, while deliveries of diesel models fell 9%, it adds.
Automakers have been working on orders that have accumulated during a prolonged period of supply problems, the business association clarifies in the aforementioned note.
Now that shortages of semiconductors and other critical components have abated, the auto industry’s prospects are dwarfed by rising costs of living and rising indebtedness affecting an increasing number of consumers.
While Tesla Inc.’s Model Y was the best-selling vehicle in Europe in the first half, local manufacturers are preparing to fight back, with new battery-powered models from Volkswagen, Stellantis and BMW hitting showrooms. exhibition in the coming months, with several of them making their debut at the IAA auto show next week in Munich, Germany.
In Germany in June, consumers bought 48,682 all-electric cars in July, up 69% year-on-year and by far the most among European markets, according to Bloomberg.
In the UK, where London motorists are now subject to stricter rules on carbon dioxide (CO2) emissions, sales rose 88% to 23,010 units, while France came third with 16,867 electric vehicles delivered.
Volkswagen, for its part, sold the largest number of passenger cars in Europe, in all types of propulsion, with 280,294 registrations, 19% more than a year ago.
Sales of the Stellantis automobile group fell, however, by 3.3%, to 160,251 vehicles.
Source: TSF
