EU car registrations in May down by 3%, EVs lose market share
June 20, 2024
According to the European Car Manufacturers Association (ACEA) data, car registrations in the European Union decreased by 3% in May 2024. Declines were observed in three out of the region’s four major markets: Italy (-6.6%), Germany (-4.3%), and France (-2.9%). Spain, on the other hand, achieved a modest growth of 3.4% last month. Despite the […]