Overview
- New car registrations in the EU, Britain and the EFTA fell 5.1% in June to 1.24 million units, marking their lowest monthly total in over a year.
- Tesla’s market share shrank to 2.8% in June, its sixth straight month of decline as its registrations dropped 22.9%.
- Major European carmakers Volkswagen, Stellantis, Renault and Hyundai all recorded lower sales in June as competition heated up.
- Chinese automakers more than doubled their June share to 4.5% of registrations, capitalizing on tariff exemptions for plug-in and series hybrids.
- Battery-electric, hybrid and plug-in hybrid models combined accounted for 59.8% of June registrations as the industry races to meet EU emissions targets.