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European car sales up 12.1% in January

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New car registrations rose 12.1% in January on a yearly basis in the EU market, rebounding the slowdown in December 2023, the European Automobile Manufacturers’ Association said on Tuesday.

Last month, 851,690 units of cars were registered in the 27-member union, the group said.

All major European markets, including Germany (19.1%), Italy (10.6%), France (9.2%), and Spain (7.3%), posted significant increases.

Last month, among new car sales, the market share of electric-powered cars reached 10.9% versus 9.5% in January 2023.

Electric car registrations rose 28.9% to 92,741 units year-on-year in January.—APP

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