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EV Sales Drop 10.8% In EU As Buyers Flock To Hybrids

Carscoops

Sales of BEVs plummeted by 36.8% Sales of plug-in hybrids, petrol, and diesel cars fell in July compared to June. Sales of battery electric vehicles fell by 10.8% Certain markets did record sales increases of EVs in July, including Belgium (+44.2%), Denmark (+68.8%), and Luxembourg (+38.5%), among others. in July 2023.

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Wealthy young buyers driving record Lamborghini sales

Drive.com

A growing number of millennials with money to spend are attributed to record sales of Lamborghini supercars and SUVs, which have increased by 400 per cent in a decade. Five years ago (2018) – as production of the Urus SUV, which accounts of 60 per cent of sales today – Lamborghini reported 5750 deliveries.

Buyer 111
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Personalize the Car Buyer Experience for Bigger Results

AutoDealer Today

Digital retailing can improve customer experience and make it easier and faster to complete a sale, but digital retailing provides another benefit to dealers and car buyers alike. Fewer dealers than ever view digital retailing as a barrier to forming personal connections with buyers. It builds connections.

Buyer 130
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EV Sales Drop 37% In Germany In July, With More Buyers Choosing ICE

Carscoops

Other markets like Sweden and Switzerland also saw a decline in EV sales. Sales of fully electric cars in Germany plummeted 37 percent in July 2024 compared to the same month last year. percent drop in EV sales in Germany. percent in July, from 20 percent one year ago.

Buyer 140
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Used vehicle sales surge in Australia, driving down prices for buyers

CarExpert

It’s a buyer’s market for used vehicles in Australia, with a sales surge in May being celebrated as a win for motorists looking to save money on secondhand cars. per cent increase on the month prior – driven by higher sales in each state and territory – with 65.1 This figure represented a 4.4 per cent increase.

Buyer 98
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Higher prices and limited options push car buyers from new to used

Autocar

“The Fiesta , which used to account for 50% of our sales, is no longer made and the Focus will soon be dropped. Platt said the absence of a wider range of alternative models means his new car sales are down by 30%. According to the trade body, sales of new cars to private buyers fell 12.9%

Buyer 145
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Dealer Auction listings reflect buyer appetite for EVs

Motor Trader

Appetite for EVs was particularly strong as sales increased 23% compared to June. As we see price parity between EV and hybrid with ICE vehicles, buyer demand will continue to increase.” This story continues at Dealer Auction listings reflect buyer appetite for EVs Or just read more coverage at Motor Trader

Buyer 105