Europe August Car Sales Rise on EV Demand
- On Thursday, September 24, 2026, the European Automobile Manufacturers' Association reported total August car registrations rose 5.3% to 832,637 vehicles, driven by strong demand for electrified models.
- Subsidies for electric cars and an extra working day in many countries helped drive August's growth, according to an analysis by EY, while traditional petrol and diesel registrations fell 23.5% and 23.1% respectively.
- Battery-Electric car registrations climbed 62.7% from a year earlier, and together with plug-in hybrid and hybrid models, electrified vehicles accounted for over 73% of all new cars sold in the European Union during August.
- Chinese automakers BYD, Chery, and Leapmotor saw combined market share increase to 11.3% from 7.1%, while Volkswagen Group, BMW Group, and Mercedes-Benz combined sales fell 1.1%, reducing their market share to 39.1%.
- Constantin M. Gall, global aerospace, defence and mobility industry practice leader at EY, warned that growth may fade if subsidies end, noting proposed "Made in Europe" battery rules could add about €2,100 to the cost of electric cars.
144 Articles
144 Articles
The market share of Chinese car brands in the European Union, the United Kingdom and the European Free Trade Association countries reached 11.3 percent in August, compared to 7.1 percent in the same period last year.
Their registrations in the Old Continent rise by 68% in 2026, twelve times more than the total market, and without them, sales would barely grow. Meanwhile, their rivals fall on the Stock Exchange and the ads of adjustments are followed. Read
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