- New car sales in the European Union fell by 5.2% year-on-year in March, marking the first decline this year and the biggest since July 2022, Europe's auto industry body said on Thursday, citing the impact of early Easter holidays and a market downturn .
EVs sales growth has slowed, and investment in capacity and technology development has outrun demand as many prospective buyers are deterred by cost and continuing doubts about infrastructure. Car registrations at Europe's three largest carmakers Volkswagen, Stellantis and Renault all dropped in March, by 9.0%, 12.6% and 2.1% respectively.
Net Worth for Baby Boomers: How To Tell Whether You’re Poor, Middle Class, Upper Middle Class or Rich Canada's inflation rate ticks up to 2.9% in March amid higher gas prices, boosting June rate-cut bets
European Automobile Manufacturers Association Car Registrations ACEA Market Downturn
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