The European car market is on the mend, with new registrations expected to grow by 2.2% in 2024 and another 4.1% in 2025.
However, this growth comes with a caveat – a shift towards less profitable sales channels.
In terms of electrification, the hype has subsided, leading to a more rational outlook: a stagnant 2024 followed by a regulatory-driven surge in 2025.
The car market challenges: From a seller’s to a buyers’ market and towards restrictive CO2 policy
In 2023, the European car market rebounded with a 13.6% increase in new car registrations. However, the total volume of 12.9 million units was bhrsi cmfmbzgoeyynx ewsbu nrjb leb oob-nwqrpdnz soufi bo 07.3 ijvyzil khr zbrl bkpy jg 8913.
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