News Room

Learn how Trump tariffs on vehicles from China, Mexico, and Canada will impact US car sales and the automotive industry, affecting production, imports, and market dynamics.

Europe’s new passenger car market grew by 0.9% last year. This is according to new data from JATO Dynamics, which found that 12,909,741 new passenger cars were registered across Europe-28 in 2024.

Monthly registrations of new passenger cars in Europe in November declined by 1.7% year on year. According to data from JATO Dynamics, 1,054,043 units were registered across 28 European markets in November, taking the year-to-date volume of new vehicle registrations to 11,847,573 units, an increase of just 0.8% compared to the corresponding period last year.

Volkswagen Group records its highest market share in Europe for over three years.

Demand for BEVs (battery electric vehicles) rebounded in Europe in September as buyers reacted positively to incentives, despite ongoing concerns about the future of electric cars on the continent.

In August 2024, BEV sales in Europe fell 36% year-on-year, marking the biggest drop since 2017. JATO Dynamics reports a 16% decrease in overall car registrations, while Chinese brands gained market share in the BEV segment, overtaking Tesla. Dacia Sandero topped the model rankings.

In this report, uncover how and why prices have changed across Europe, and learn what strategies leasing companies could attempt to better navigate these shifts.

Explore the evolving automotive landscape with insights into battery electric vehicles, the global rise of EVs, Chinese OEMs, and the challenges of affordability in JATO’s report.

While the 2035 EU mandate - for all new cars sold to be zero emissions capable - is critical to the global effort to mitigate climate change, it is creating challenges for OEMs and causing car pricing to rise across the region. Meanwhile, having secured its supply chain to produce batteries, China is able to produce competitively priced BEVs in Europe.