Soaring sales, surging Chinese buyers - What's happening in the European car market?
The European automotive market ended the first half of the year with strong growth, with new car registrations increasing by 13.6% in June, and 5.7% over the first six months. This growth was driven by electric and hybrid models, while the share of gasoline and diesel cars decreased. The Hungarian automotive market exceeded the EU average, with Chinese manufacturers particularly performing well.
The European automotive market ended the first half of the year with strong figures: new car registrations increased by 13.6 percent in the European Union, with a 5.7 percent increase over the first six months of the year. The growth was largely driven by electric and hybrid models, while the sales of gasoline and diesel cars continued to decline. The Hungarian market grew much faster than the EU average, with Chinese brands leading the way in terms of the most significant increases.
