BRUSSELS – The brand new automobile market in European Union (EU) nations continued to shrink in September (-6.1 p.c). The lower in gross sales in Bulgaria is a bit over 15 p.c in comparison with the identical month final yr, based on the newest knowledge from the European Car Producers’ Affiliation (ACEA).
In most main EU markets, totally different declines are noticed – France (-11.1 p.c), Italy (-10.7 p.c), and Germany (-7 p.c). Among the many main automobile markets, solely in Spain is there a rise in new motorized vehicle registrations by 6.3%.
The share of newly registered electrical automobiles within the EU elevated in September to 17.3 p.c of all new automobiles, in comparison with 14.8 p.c in the identical month final yr.
In Bulgaria final month, the share of recent electrical automobiles amongst all newly registered automobiles was 4.1 p.c, and hybrids – 3.4 p.c. The share of recent automobiles with diesel engines within the nation was 17.3 p.c. In Bulgaria, the share of recent automobiles with gasoline engines amongst all newly registered automobiles in September was 74.1 p.c – a lower in comparison with September 2023, when this share amounted to 79.7 p.c.
The share of newly registered automobiles with diesel engines within the EU in September was 12.8 p.c, and hybrids – 27.4 p.c. A major lower within the gross sales of recent automobiles with gasoline engines was reported in all main automobile markets within the EU – France (-31.9 p.c), Italy (-23.3 p.c), Germany (-15.2 p.c), and Spain (-10.7 p.c).
In June, amid an investigation associated to price range subsidies for Chinese language electrical automobile producers, the European Fee (EC) proposed the introduction of extra tariffs on the import of those automobiles. The EC’s proposal acquired the mandatory assist from the EU nations in October. The EU and China proceed to work arduous to discover another resolution, which must be absolutely suitable with World Commerce Group requirements. (October 22)
