FI showroom red and grey logo
MenuMENU
SearchSEARCH

Europeans Also More Interested in Hybrids

April sales boost their EU market share to 29% as purely electric sales were flat.

May 24, 2024
Europeans Also More Interested in Hybrids

Fully electric vehicles’ share of the EU market was flat year-over-year at 12% as hybrids have taken off. A similar pattern has developed in the U.S.

Credit:

Pexels/Tetyana Kovyrina

1 min to read


Hybrid vehicle sales growth in April far exceeded that of all-electric models in Europe, continuing a trend on the continent that’s been mirrored in the U.S.

Hybrid registrations jumped 33% in the European Union, boosting their share of all vehicle sales from 25% to 29%, according to the European Automobile Manufacturers’ Association, or ACEA. France, Spain, Germany and Italy led hybrid sales with double-digit increases. Fully electric sales, though they grew far less, still had a healthy 15% bump.

Ad Loading...

Overall new-vehicle sales grew 14% to nearly 914,000 units, part of the increase due to this April having two additional selling days that last year’s, ACEA said. All major markets experienced increases.

Electric vehicles’ share of the market was flat year-over-year at about 12% as hybrids have taken off. A similar pattern has developed in the U.S. as early adoption has passed and mass-market consumers have been slow to follow in the big numbers manufacturers had bargained on. Automakers have consequently pulled back on previously ambitious all-electric lineup plans to refocus on hybrids.

In Europe, gas-powered model registrations rose 7% in April, though their market share fell by 2% year-over-year to 36%, ACEA said. Diesel model sales were flat, or about 13% of market share.

LEARN MORE: Ford Hybrid Sales Healthy

 

Originally posted on Auto Dealer Today

More Industry

Orange BMW with windshield wipers sticking up.
Industryby Hannah MitchellMay 18, 2026

Inventory of New Units Stable

Auto brands spent April clearing out most of their 2025 supply with incentives while holding firm on 2026 prices, striking a balance to meet demand and protect their bottom lines.

Read More →
Car exhaust pipe blowing exhaust.
Industryby Lauren LawrenceMay 18, 2026

Auto Trade Group Supports Emissions Delay

The Alliance for Automotive Innovation announced its support of a delayed timeline for federal emission standards for light- and medium-duty vehicles.

Read More →
interior car dashboard, infotainment system, showing rearview backup camera
Industryby Lauren LawrenceMay 13, 2026

Backup Cameras Causing Concern

Research has shown that the devices bring significant safety benefits, though many recalled U.S. units have yet to be repaired.

Read More →
Ad Loading...
Cover image for a BOK Financial report titled “Timing the market: How avoiding volatility entirely can hurt long-term reinsurance program performance.” The image shows several road construction barricades with flashing amber warning lights lined up in a nighttime work zone. Beneath the image, red text explains that avoiding volatility can mean falling behind inflation and missing market rebounds that drive long-term surplus growth. The BOK Financial logo appears at the bottom right.
SponsoredMay 8, 2026

Timing the Market Can Hurt Long-Term Program Performance

For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.

Read More →
Closeup photo of 'airbag' stamp on a car dash
Industryby Hannah MitchellMay 6, 2026

Air Bag Inspections Urged

ASE has issued guidance for service technicians to inspect units in vehicles they work on to ensure they’re not suspect air bags linked to deaths.

Read More →
aerial view of Fireside Honda in Ohio
Showroomby Lauren LawrenceMay 6, 2026

Michigan Auto Group Acquires Ohio Rooftops

Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.

Read More →
Ad Loading...
BMW i Ventures Fund III $300 million
Industryby Lauren LawrenceMay 4, 2026

BMW Group Invests in AI

Its venture capital arm, BMW i Ventures’, third fund will focus on agentic and physical artificial intelligence, as well as sustainable industrial processes and materials.

Read More →
Jim Pernas and Todd Lawrence
Industryby Lauren LawrenceApril 29, 2026

Subaru Exec Retires, Role Evolves

Subaru of America is revamping its fixed operations department to emphasize the automaker’s commitment to enhancing customer ownership experience.

Read More →
road winding through redwood trees, California EV Market Cools, F&I and Showroom logo
Showroomby Lauren LawrenceApril 22, 2026

California Holds EV Lead Despite Annual Decline

At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.

Read More →
Ad Loading...
Portrait of Todd Sands with Brown & Brown branding, announcing his appointment as chief revenue officer and vice president of alternative markets.
Industryby StaffApril 20, 2026

Brown & Brown Appoints Executive

The new chief revenue officer joins the company from one of its partner firms and is an industry thought leader in participation programs.

Read More →