European car sales rose for the 12th month in a row in July, boosted by rising demand for electric vehicles and improved parts availability.
New car registrations rose 17% to 1.02 million, the European Automobile Manufacturers Association said on Wednesday. Sales of pure electric vehicles jumped 62%, while deliveries of diesel models fell 9%. Markets such as Germany, France and Spain achieved double-digit sales growth.
Automakers have been dealing with orders accumulated during a prolonged period of supply problems. Now that shortages of semiconductors and other key components have eased, rising living and borrowing costs have weighed more heavily on consumers, clouding the industry’s outlook.
Although Tesla’s Model Y is best selling car in europe In the first half of the year, local manufacturers are preparing to fight back.New battery-powered models from Volkswagen AG, Stellantis NV and BMW to hit showrooms next few monthsseveral of which will make their debut at next week’s IAA auto show in Munich.
In July, German buyers registered 48,682 pure electric vehicles, a 69% increase year-on-year and by far the most of any European market.
In the UK – London drivers are now subject to stricter emission rules — Sales jumped 88 percent to 23,010 vehicles. France ranked third with 16,867 EV deliveries.
Volkswagen was the region’s top seller of passenger cars of all fuel types with 280,294 registrations, up 19 percent from a year earlier. Stellantis sales fell 3.3 percent to 160,251 vehicles.
Svlook
