Europe Car Sales Up for Third Straight Month

Watch on YouTube ↗  |  May 27, 2026 at 06:03  |  2:47  |  Bloomberg Markets
Speakers
Oliver Crook — Chief European Correspondent, Bloomberg

Summary

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.
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