Approximately 1.06 million new vehicles were sold in Europe last month. New car sales dropped 12.7% in France and 10.8% in Italy. The share of EVs dropped from 16.3% to 15%. November was a tough month for the European car market, as sales of BEVs, plug-in hybrids, petrol and diesel cars all fell significantly. The only powertrain configuration to record an increase in sales was hybrids, once again highlighting the market’s shift. Across the European Union, new vehicle sales dropped by 1.
5% of sales last year, that figure has now slipped to a 30.6% market share. Data from the European Automobile Manufacturers’ Association reveals petrol sales dropped 7.8% in November. France recorded the most significant drop at 31.5%. Sales also fell by 12.3% in Italy, 5.3% in Germany, and 2.3% in Spain. While many had expected 2024 to be the year of the EV, that hasn’t been the case in Europe. In November, EV sales fell 9.5% to 130,757 units, primarily because of a 21.