In June 2020, new car registrations in Europe (1.1 million) returned to pre-COVID-19 levels of January and February 2020. In comparison with 2019, however, year-to-date (YTD) new car registrations remain 40% lower. FCA-Tesla was hit hardest of all manufacturer pools, registering 47% fewer new vehicles YTD than during the same time period in 2019. In contrast, Volvo’s registrations in June 2020 were slightly higher than in June 2019 and YTD were 30% below last year’s volume. The average share of electric vehicles in June increased to 8%. Volvo had the highest share of electric vehicles with 30%, all of which were plug-in hybrid electric vehicles. FCA-Tesla also saw a strong increase, going from 6% in May to 11% in June.

With this edition of the Market Monitor, the International Council on Clean Transportation has  updated their methodology to reflect the 2019 performance of manufacturers with respect to average vehicle mass and the application of eco-innovations, and improved correlation factors between NEDC and WLTP CO2 emission levels for some vehicles.

Preview the report here:

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Date: August 5, 2020

Tags: Sales

Countries: International

States: None