European Car Sales Rise 11 Percent in March
European car registrations grew 11.1% in March as a 42% surge in electric vehicle sales offset declines in petrol and diesel models. Tesla led the growth.
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European automotive markets experienced a significant surge in March as the rapid adoption of electric vehicles (EVs) successfully counterbalanced a downturn in traditional combustion engine sales. According to data released by the European auto lobby ACEA, total car registrations across the European Union, the United Kingdom, and the European Free Trade Association climbed 11.1% year-on-year to reach 1,581,169 units. This performance marks the strongest growth rate since April 2024.
