New car sales rose rapidly in the EU in March

Total sales in the European Union (EU) auto market rose 28.8 percent last month, topping 1 million.

The European Automobile Manufacturers Association (ACEA) announced new car registration data for EU countries for the month of March.

Consequently, new car sales in EU countries increased by 28.8 percent last month compared to the same period in 2022 and reached 1,87,939.

In the member countries of the Union, new vehicle registrations increased 17.9 percent in January-March 2023 compared to the same period of the previous year, reaching 2,650,711.

37.5% of new cars sold in EU countries in March were petrol, 24.3% hybrid, 14.5% diesel, 13.9% fully electric, 7.2% hybrid plug-in cars and 7.2% of new cars sold in EU countries. They were made up of other fuels.

MOST OF THE SALES ARE MADE IN GERMANY

Car sales between EU countries rose 66.1 percent in Spain, 40.7 percent in Italy, 24.2 percent in France and 16.6 percent in Germany in March compared with the same period last year.

Among the 27 member countries of the Union, the largest number of new cars was put on the road in Germany in March. During this period, 281,361 new cars were registered in Germany, 182,712 in France, 168,259 in Italy and 99,524 in Spain.

According to manufacturers, VW Group sold the most new cars in the EU in March with 275,757.

Stellantis Group trailed VW Group in new vehicle sales in the EU. The Stellantis Group, which includes brands such as Peugeot, Fiat, Citroen and Opel, sold a total of 216,862 cars. The Renault Group ranked third with 110,496 new cars, while the Hyundai Group ranked fourth with 83,376 new cars. (AA)