Tag Archives: europe

January saw a surge in sales of Chinese electric vehicles across Europe building market share. According to Jatro Dynamics, although the overall European car market posted a decline of 1.9% year on year, Chinese car brands continued to accelerate, with 37,134 vehicles registered in January, an increase of 52% from January 2024. The market share of Chinese brands grew from ...

  Carmakers across Europe need to cut prices to boost sales volumes in a mature market under pressure from Chinese carmakers and the EU Mandate. That’s the view from Jato Analytics which said concerns “are mounting over the survival of Europe’s automotive industry” if manufacturers are unable to find ways to reduce their prices. Car sales in Europe are in ...

The core of ICDP’s activities is our collaborative research programme which has been running for over thirty years at a European level. This brings players from across the distribution sector – sales and aftersales, manufacturers, dealers, parts distributors and suppliers of services and technology – together to develop a better understanding of the challenges facing us all, and how to ...

Following my post last post, it was good to see a number of readers of this blog joining our webinar on Tuesday alongside ICDP members and some representatives from the press. The webinar was for the formal publication of our Top 50 European dealer group ranking that we produce annually, and the presentation slides are available to download from the ...

EU leaders have voted in favour of increased tariffs on Chinese electric cars coming into Europe. In a vote last week 10 members gave the go ahead for tariffs increasing by as much as 35.3% on top of existing 10% tariffs. A few nations, including Germany, ruled against the move saying it would damage the car industry. The increased tariffs ...

  Sales of cars across Europe fell 16% to 753,482 units in August, according to the latest data from Jato Dynamics. This was the biggest year-on-year drop since June 2022. A total of 8.64 million new cars have been registered in Europe so far in 2024 – an increase of 1.9% compared to the same period last year. The decline ...

Demand for electric vehicles fell in July, with their market share decreasing from 14.6% in July 2023 to 13.5% last year, according to analysis of 26 European countries. According to JATO’s data, 139,300 new electric cars were registered last month, down 6% from July 2023. Felipe Munoz, Global Analyst at JATO Dynamics, said: “The lack of clarity around the incentives ...

Sales of cars across Europe last year rose 14% to 12.8 million units the highest level since the pandemic. Much of the growth in Europe’s new car market in 2023 was driven by BEVs, which accounted for 15.7% of total market share with 2,011,209 units registered. But, like the UK, BEV sales are being driven by fleet while retail sales ...

Chinese carmaker HiPhi has opened a HiPhi Hub in Oslo, its second in Europe following the opening in Munich earlier this year. The HiPhi Hub Oslo is located in Strømmen Storsenter, Norway’s largest shopping centre. HiPhi held a private reception for VIP guests in the HiPhi Hub followed, with a preview of the HiPhi Y, the next all-new model from ...

Demand for EVs soared in August accounting for 22% of all cars sold in Europe. According to JATO Dynamics data for 28 European markets, 22% of total registrations were BEVs, equating to 196,000 units out of almost 900,000 units. The overall market rose by 20% in August with the volume of electric cars increasing by 102%, and petrol by just ...