Industry figures released on Thursday revealed that while the shift to completely electric or hybrid vehicles increased during the month, new car sales in Europe remained unchanged in October after declining for two months in a row.
According to the European Automobile Manufacturers Association (ACEA), a decline in France, Italy, and Britain was counterbalanced by increases in overall sales in Spain and Germany of 7.2% and 6%, respectively.
While attempting to stave off competition from China, European automakers are grappling with low demand, high production costs, and managing the transition to electric vehicles.
In October, there were 1.04 million new cars registered in the EU, Britain, and the European Free Trade Association (EFTA), an increase of 0.1% over the previous year.
Fully electric vehicle (BEV) sales increased for the second consecutive month.
