Europe Car Sales Up for Third Straight Month

European car sales rose for the third straight month in April, up 7% year-on-year. Battery electric vehicles surged 38%, hybrids rose 13%, while petrol and diesel sales fell sharply. Tesla and BYD posted significant sales gains, while Jaguar sold only one car. - European new-vehicle registrations rose 7% in April to 1.15 million. - Battery electric vehicle sales jumped 38% year-on-year. - Hybrid sales increased 12-13%, while petrol and diesel fell 15% and 17% respectively. - Tesla sales were up 47% in April, partly due to a low base from 2024. - BYD sales more than doubled (+115%) and its European market share reached 2.2%. - Volkswagen and Mercedes posted modest gains of 3.5% and 7% respectively. - Jaguar sold only one car in Europe in April, highlighting extreme brand weakness.