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

Italy's new-vehicle registration growth topped all other European Union markets in June at 15%.
Pexels/Lewis McNeal
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.
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
Originally posted on Auto Dealer Today
More Industry

Nebraska Rooftop Changes Hands
The Gregg Young Automotive Group has sold its second dealership to Janssen Auto Group, both in Plattsmouth, Neb.
Read More →
Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
Read More →
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
Read More →
Bridge the Maintenance Gap
With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.
Read More →
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
Read More →
BMW Plant Pursues Cleaner Energy
BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.
Read More →
Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
Read More →
Ohio Auto Group Under New Ownership
After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.
Read More →
RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →