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

Denmark Business Confidence Falls In June (42 min(s), 59 sec(s) ago)
(RTTNews) - Denmark's business confidence decreased in June to the lowest level in nearly tw ...Full Story»

French Manufacturing Confidence Falls In June (01 hr(s), 12 min(s), 59 sec(s) ago)
(RTTNews) - Confidence among French manufacturers decreased in June and returned to its long-term ...Full Story»

Europe New Car Registrations Increase: ACEA (01 hr(s), 21 min(s), 59 sec(s) ago)
(RTTNews) - Europe's new car registrations increased in May despite persistent geopolitical he ...Full Story»

India Private Sector Growth Eases In June (01 hr(s), 47 min(s), 59 sec(s) ago)
(RTTNews) - India's private sector activity continued to expand strongly in June, though the p ...Full Story»

Singapore Inflation Remains Stable At 1.8% (02 hr(s), 47 min(s), 59 sec(s) ago)
(RTTNews) - Singapore's consumer price inflation held steady for the second straight month in ...Full Story»

Japan Private Sector Growth Accelerates (03 hr(s), 10 min(s), 59 sec(s) ago)
(RTTNews) - Japan's private sector activity grew the most in three months in June, underpinned ...Full Story»

Australia Manufacturing PMI Improves In June - S&P Global (18 min(s), 01 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, and at a faster rat ...Full Story»

Singapore, Hong Kong To Release Inflation Data (05 min(s), 01 sec(s) ago)
(RTTNews) - Singapore will on Tuesday release May numbers for consumer prices, highlighting a mode ...Full Story»