In May 2024, car registrations in the European Union decreased by 3%, with declines 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.
In May all growth is due to hybrid electric cars, since all other categories experienced a decline.
Despite the downturn in May, year-to-date car registrations over the first five months of 2024 increased by 4.6% to 4.6 million units.
