European car sales rose in June after a surge in demand for electric cars in Italy as Prime Minister Giorgia Meloni’s government introduced long-expected subsidies.
New-car registrations climbed 3.6% to 1.31 million units last month compared to a year ago, the European Automobile Manufacturers’ Association said Thursday. EV sales in the region were flat after a slump in Germany and France offset the gain in Italy, where deliveries more than doubled. Across Europe, market share for battery-powered cars declined slightly.
Source link : https://www.bloomberg.com/news/articles/2024-07-18/european-car-sales-gain-after-italy-s-ev-subsidies-draw-buyers
Author :
Publish date : 2024-07-18 05:07:00
Copyright for syndicated content belongs to the linked Source.
