agent Entrepreneur logo
MenuMENU
SearchSEARCH

Europe Gravitates to Hybrids

It was the only power train to post growth on the continent in June.

July 19, 2024
Europe Gravitates to Hybrids

Italy's new-vehicle registration growth topped all other European Union markets in June at 15%.

Credit:

Pexels/Lewis McNeal

1 min to read


Europeans, like Americans, continue to shift more of their electrified vehicle purchases to hybrids, as June registrations on the continent showed increased market share in the segment while purely electric model sales fell slightly.

As European Union new-vehicle sales rose 4% for the month and about 5% in the first half of the year to 5.7 million units, hybrids substantially grew their market share, from 24% to about 30% in June, according to the European Automobile Manufacturers’ Association. In fact, it was the only power train category to grow, posting a 26% gain.

Ad Loading...

Meanwhile, pure-electric vehicles’ market share was down from 15% to 14% year-over-year. Combined gas- and diesel-powered vehicles’ share was down from about 50% to 47%.

The group said overall new registrations were still down 18% from before the pandemic.

DIG DEEPER: Ford Hybrid Sales Healthy

 

More Industry

F&Iby Lauren LawrenceFebruary 27, 2026

Price Driving Insurance Churn

Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.

Read More →
Industryby Lauren LawrenceFebruary 26, 2026

AI Drives Dealer Website Traffic

Total visits to dealer websites from generative artificial intelligence platforms grew more than 15 times year-over-year, signaling a shift in how many consumers shop for cars online.

Read More →
Industryby Hannah MitchellFebruary 26, 2026

Automakers Tops in Fuel Economy

In the U.S., Honda has the most efficient gas-electrified combo lineup while Tesla beats all automakers in annual EPA ranking as brands built their alternative-fuel offerings.

Read More →
Ad Loading...
F&Iby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Industryby Hannah MitchellFebruary 24, 2026

Overall Consumer Confidence Up

Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.

Read More →
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
Ad Loading...
F&Iby Hannah MitchellFebruary 23, 2026

Some Auto Brands Cheaper to Insure

A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.

Read More →
Industryby StaffFebruary 20, 2026

Learn to Manage the Mayhem at Agent Summit

Rob Mancuso – president of Mancuso Automotive – will present a Keynote at the 2026 event.

Read More →
Fixed Opsby Hannah MitchellFebruary 20, 2026

Auto Recalls Sank Last Year

2025 Sedgwick data indicate that the number of vehicles affected fell to its lowest point in more than a decade.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 19, 2026

Affordability Leads Top-Rated List

Edmunds’ editorial team tested 300-plus vehicles to help determine the Top Rated Awards for 2026, and one brand stood out with multiple rankings, including Best of the Best.

Read More →