Car sales in Europe are showing signs of recovery, with new registrations jumping by 4% in the first quarter of 2026 compared to the same period last year, according to data from the European Automobile Manufacturers' Association (ACEA). This modest growth is a welcome boost for the automotive industry, which has been navigating a challenging market in recent years. The rise in demand is particularly notable for battery-electric vehicles, which now account for 19.4% of the European market share, a significant increase from previous years. As governments continue to push for a transition to cleaner transportation, the growth of electric vehicles is expected to be a key driver of the industry's future development.
New car registrations: +4% in Q1 2026; battery-electric 19.4% market share ACEA - European Automobile Manufacturers' Association
