Automotive Industry: Europe

Passenger car registrations in the European Union increased 10.1% yoy to 883.6 thousand units in February 2024, following a 12.1% jump in the previous month.
Meanwhile, battery electric car registrations in the EU rose 9% to 106.2 thousand units, accounting for 12% of the market, following a 28.9% surge in January.

For the first two months of the year, car registrations climbed by 11.2% to 1.7 million units


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