Image: Drive
Image: Drive
AutoExec Summary
The European auto industry is seeking urgent measures as electric car sales decrease in the region. New-car data shows a 45% drop in electric vehicle sales in August 2024 compared to the previous year. The European Automobile Manufacturers’ Association (ACEA) attributes this decline to Germany and France. The ACEA urges policymakers to review CO2 regulations earlier to support the transition to electrified vehicles. Concerns are raised about meeting emission reduction targets and maintaining competitiveness in the sector.
Brands mentioned: BMW Group, Ford of Europe, Hyundai Motor Europe, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group
MEMBER ACCESS
NOT A MEMBER?
Subscribe now to see all the day’s headlines and more