agent Entrepreneur logo
MenuMENU
SearchSEARCH

Europeans Also More Interested in Hybrids

April sales boost their EU market share to 29% as purely electric sales were flat.

May 24, 2024
Europeans Also More Interested in Hybrids

Fully electric vehicles’ share of the EU market was flat year-over-year at 12% as hybrids have taken off. A similar pattern has developed in the U.S.

Credit:

Pexels/Tetyana Kovyrina

1 min to read


Hybrid vehicle sales growth in April far exceeded that of all-electric models in Europe, continuing a trend on the continent that’s been mirrored in the U.S.

Hybrid registrations jumped 33% in the European Union, boosting their share of all vehicle sales from 25% to 29%, according to the European Automobile Manufacturers’ Association, or ACEA. France, Spain, Germany and Italy led hybrid sales with double-digit increases. Fully electric sales, though they grew far less, still had a healthy 15% bump.

Ad Loading...

Overall new-vehicle sales grew 14% to nearly 914,000 units, part of the increase due to this April having two additional selling days that last year’s, ACEA said. All major markets experienced increases.

Electric vehicles’ share of the market was flat year-over-year at about 12% as hybrids have taken off. A similar pattern has developed in the U.S. as early adoption has passed and mass-market consumers have been slow to follow in the big numbers manufacturers had bargained on. Automakers have consequently pulled back on previously ambitious all-electric lineup plans to refocus on hybrids.

In Europe, gas-powered model registrations rose 7% in April, though their market share fell by 2% year-over-year to 36%, ACEA said. Diesel model sales were flat, or about 13% of market share.

LEARN MORE: Ford Hybrid Sales Healthy

 

Originally posted on Auto Dealer Today

More Industry

Group photo of men outside storefront.
Industryby Hannah MitchellMay 28, 2026

Pennsylvania Dealership Under New Retailers

The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.

Read More →
Hallway with lockered wiring and computer
Industryby Lauren LawrenceMay 28, 2026

Battery Storage Takes Priority Over EVs

U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.

Read More →
Gray-scale photo of a line of Mini cars in a dealership parking lot
Industryby Hannah MitchellMay 27, 2026

Auto Dealers Feel Better But Not Great

A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.

Read More →
Ad Loading...
Closeup photo of the front of a white car
Industryby Hannah MitchellMay 21, 2026

New-Vehicle Sales Picture Relative

A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.

Read More →
Nissan logo on front of building
Industryby Lauren LawrenceMay 21, 2026

Auto Group Acquires Third Nissan Rooftop

Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.

Read More →
Couple talking with auto salesman next to new car inside dealership
Industryby Hannah MitchellMay 20, 2026

April Less Affordable

Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.

Read More →
Ad Loading...
Wooden people figures of different colors in a row, similar to board game pieces
IndustryMay 20, 2026

Building an Extraordinary F&I Agency

Work to determine your specialized talent, because that fact will determine everything about your agency’s future.

Read More →
Ingredient card, policies and procedures, fixed operations, variable operations, data security, audit
Industryby Jim GantherMay 19, 2026

Recipe for Compliance

The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.

Read More →
Photo of new Chevrolet Bolt parked on a beach
Industryby Hannah MitchellMay 14, 2026

EVs Getting More Attractive

A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.

Read More →
Ad Loading...
Benchmark bar graph showing April 2026 EV Sales
Industryby Lauren LawrenceMay 14, 2026

EV Sales Drop in April Following Surge

North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.

Read More →