German and UK auto reports add to European vehicle sales gloom

Here, there were 25,736 new car registrations in July, down from 27,336 during the same month last year, with the largest fall seen in electric cars, data shows

New cars registered in Ireland during July dropped nearly 6% as numerous car companies continue to deal with the falling demand in the electric car market and increasing competition.

Updates from the UK and German auto markets show a darkening mood in the sector over weak demand for electric vehicles (EVs).

Britain's auto industry body has cut its 2024 forecast for new car sales, which are expected to be at 1.97 million units, down from an earlier forecast of 1.98 million units, the Society of Motor Manufacturers and Traders (SMMT) said.