Europe's new car registrations declined for the first time in seven months in January, reflecting a challenging start to the year, the European Automobile Manufacturers' Association said Tuesday.
New car sales posted an annual fall of 3.9 percent in January, reversing December's 5.8 percent increase. Sales decreased for the first time since June.
The lobby said that the battery electric car market share reached 19.3 percent, highlighting the continued potential for further growth.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.