Japanese Media: Chinese Cars Lead Europe's New Car Market, Japanese Automakers Mixed Results

Agence Kyodo, June 23 report: The European Automobile Manufacturers Association announced on the 23rd that new passenger car registrations in EU countries reached 955,013 units in May, a year-on-year increase of 3.2%.

China's electric vehicle giant BYD led the sales growth surge, with sales reaching 26,017 units—a 2.6-fold increase.

Japanese automakers experienced mixed results. Toyota Motor Corporation (including luxury brand Lexus) saw sales drop by 0.7% to 67,162 units. Nissan fell 8.5%, with sales at 12,652 units. Suzuki declined by 3.0%, selling 11,712 units. Mitsubishi dropped sharply by 46.7%.

Meanwhile, Mazda grew by 22.4% to reach 10,921 units. Honda increased by 19.4%, achieving 4,154 units in sales.

German automaker Volkswagen (VW) declined by 3.6%, Stellantis dropped 2.6%, and Renault, ranked third, fell 1.3%. American EV manufacturer Tesla performed strongly, with sales reaching 21,767 units—a 2.5-fold increase.

By powertrain type, battery electric vehicles (EVs) surged 42.9% to 203,417 units, hybrid vehicles (HVs) rose 9.7% to 345,427 units, and plug-in hybrid vehicles (PHVs) grew 12.2% to 98,553 units.

On the other hand, gasoline-powered cars declined by 20.1% to 210,383 units, while diesel vehicles fell 19.0% to 69,482 units, showing persistently weak performance.

Original article: toutiao.com/article/1868761839978504/

Disclaimer: The views expressed in this article are solely those of the author.