Car sales rise across Europe with electric vehicles accounting for 15% of total

Years of supply-chain disruptions have left Europe’s car market with high order banks that have buoyed sales as the economic outlook weakened
Car sales rise across Europe with electric vehicles accounting for 15% of total

Passenger-car deliveries in Europe increased for a 15th month in October, even as inflation and higher borrowing costs weighed on consumer demand.

New-car registrations rose 14% from a year earlier to just over one million units, the European Automobile Manufacturers’ Association said, as manufacturers continued to work through order backlogs. Sales of electric vehicles made up about 15% of total deliveries. 

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