ACEA February figures highlight 10.1% rise in EU car sales

By automotive-mag.com 2 Min Read

There has been a 10.1% rise in EU car sales in February compared to the same month last year, according to The European Automobile Manufacturers’ Association (ACEA).

EU car sales reached 883,608 units in February and in the first two months of 2023, car registrations grew by 11.2% to 1.7 million units.

Petrol remains the most popular power source, despite its market share dropping from 36.9% to 35.5% while the EU diesel car market contracted by 5.1%.

In February, battery-electric cars stabilised with a market share of 12%, while hybrid-electric cars held almost 29%. Battery-electric car sales grew by 9% to 106,187 units, maintaining a market share of 12%.

Sales of new hybrid-electric cars increased by 24.7%, totalling 255,511 units and accounting for 28.9% of the market.

Registrations of plug-in hybrid electric cars increased by 11.6% to 64,351 units, now representing 7.3% of EU car sales.

Sue Robinson, chief executive of the NFDA, commented: “Considering that February, much like January, is often a slightly slower month for car sales, it is positive to see continual growth in EU car sales figures.

“It Is encouraging to see that electric vehicle sales have continued to grow in February, although it is important to note that its market share remains at 12%. Both the UK and EU governments need to do more to incentivise consumers to make the switch to electric.”

 

 

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