European car sales surge 10% but electric vehicle growth stays flat

Manufacturers including Mercedes-Benz and Audi are paring back their electric vehicle strategies, as a result
European car sales surge 10% but electric vehicle growth stays flat

Earlier this month, the Society of the Irish Motor Industry said Irish car sales jumped 25% in February, but the sales of electric cars fell from a year earlier. 

Car sales across Europe rose 10% in February as car makers, including Volkswagen and Fiat-maker Stellantis, fed off order backlogs, while the market share of electric vehicles stayed flat.

New-vehicle registrations rose to 995,059 units last month, the European Automobile Manufacturers’ Association said. 

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