Financial News: Europe New Car Registrations Increase: ACEA

Europe New Car Registrations Increase: ACEA

06/23/2026 - 03:49:00 (RTTNews)

(RTTNews) - Europe's new car registrations increased in May despite persistent geopolitical headwinds weighing on outlook, the European Automobile Manufacturers' Association, or ACEA, said Tuesday.

New car registrations grew 3.2 percent on a yearly basis in May but slower than the 5.1 percent rise in April and 12.5 percent surge in March.

Car registrations in Italy advanced 7.6 percent and that in France climbed 3.7 percent. Meanwhile, sales in Germany rose only 0.1 percent and Spain reported a 0.8 percent fall.

In the January to May period, new EU car registrations increased 4.0 percent from the same period last year, indicating a strong start to the year.

The lobby observed that the market benefited from strong consumer demand for a range of electrified technologies across key European markets, sustained by new and revised tax benefits and incentive schemes. Hybrid-electric vehicles remained the most preferred choice among buyers, while battery-electric cars accounted for one in five registrations. At the same time, plug-in hybrid cars captured 9.7 percent of the market share.

The share of battery-electric cars accounted for 20.0 percent of the market compared to 15.3 percent last year. Meanwhile, the combined market share of petrol and diesel cars fell to 30.1 percent from 38.0 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Finland Current Account Turns Deficit In May (03 hr(s), 40 min(s), 24 sec(s) ago)
(RTTNews) - Finland's current account balance swung to a deficit in May from a surplus in the ...Full Story»

Turkey Retail Sales Growth Improves In May (04 hr(s), 0 min(s),24 sec(s) ago)
(RTTNews) - Turkey's retail sales growth rebounded in May after easing to the lowest level in ...Full Story»

Romania Inflation Eases To 10.4% In June (04 hr(s), 51 min(s), 24 sec(s) ago)
(RTTNews) - Romania's consumer price inflation eased more-than-expected in June after rising t ...Full Story»

Dutch Export Growth Strongest In 5 Months (06 hr(s), 01 min(s), 24 sec(s) ago)
(RTTNews) - Exports in the Netherlands increased at the quickest pace in five months in May, accor ...Full Story»

New Zealand Services Sector Expands In June - BusinessNZ (07 min(s), 36 sec(s) ago)
(RTTNews) - The services sector in New Zealand climbed back up into expansion territory in June, t ...Full Story»

New Zealand Services Index Data Due On Monday (30 min(s), 36 sec(s) ago)
(RTTNews) - New Zealand will on Monday see June results for the Performance of Services Index from ...Full Story»

Latvia Trade Gap Widens In May (36 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit increased in May from a year ago, as imports grew f ...Full Story»

Portugal Inflation Confirmed At 3.2% (31 min(s), 36 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation moderated slightly in June amid a reduction in ...Full Story»