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(Bloomberg) — European car sales climbed for the third consecutive month in April as consumers continued to snap up more electric and hybrid models.
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New-vehicle registrations rose 7% to 1.15 million last month, the European Automobile Manufacturers’ Association said Wednesday. Sales expanded in major markets including Germany and the UK, with EV deliveries jumping 38%.
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The robust demand is a good sign for European automakers grappling with overcapacity, US tariffs and waning sales in China. EV sales are growing as more affordable models are available both from domestic manufacturers including Volkswagen AG and Stellantis NV, as well as Chinese brands led by BYD Co. In Germany, Europe’s largest market where a new subsidy is in place, EV sales jumped 41%.
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It’s still unclear to what extent the conflict in the Middle East — which has sparked greater interest for EVs in regions including Asia — is affecting purchasing decisions in Europe. At the same time, the war poses a risk should it continue much longer, according to Bloomberg Intelligence.
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“Higher energy costs triggered by the Iran war may dent consumer confidence and threaten spending on big-ticket items like cars,” BI’s Gillian Davis said in a note on Tuesday.
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While affordable EVs are doing well, there’s increasing evidence that pricier battery-powered cars are still a tough sell. Ferrari NV shares fell on Tuesday after the company’s first electric supercar, the €550,000 ($639,000) Luce, failed to impress critics and investors.
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Deliveries of hybrid cars also rose in the region last month, while sales of petrol and diesel vehicles fell, pointing to a continued structural shift of the market toward cars with a battery.
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Tesla Inc. continued its recovery in Europe after a painful 2025, with the US manufacturer’s European sales jumping 47% in April. Volkswagen, Stellantis, Mercedes-Benz Group AG and BMW AG also posted higher deliveries.
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Chinese brands continue to make inroads in Europe, providing relief from a brutal price war back home, with Geely and BYD among the top sellers from the country. Chery Automobile Co. was among the fast-growing with a 322% rise. Its Jaecoo sport utility vehicles are proving particularly popular with British buyers.
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