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EU’s car sales rise in Q1 y-o-y

22 Apr 2024 16:48 reported by Eva Chen

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EU car sales in the first quarter of 2024 were 2.77 million units, a year-on-year increase of 4.4%, of which sales in March increased by 5.2% year on year to 1.03 million units.

Cumulative sales of gasoline and diesel vehicles fell to less than half of the total market in March. Sales of gasoline vehicles increased by 10.2% year on year to about 365,000 units in March, while sales of diesel vehicles fell by 18.5% year on year to about 128,000 units.

Among them, plug-in hybrid electric vehicle (PHEV) sales increased by 7.5% in the first quarter to about 204,000 units, of which March increased by 6.5% from the same period last year to 73,000 units. Hybrid vehicles increased by 19.7% in the first quarter to 801,315 units, of which March increased by 12.6% from the same period last year to 299,000 units, causing their market share to increase from 24.4% to 29%.

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