BMW, Volvo gains offset VW, Tesla declines in rough half for EV sales

BMW iX1 nose left grey Arc 2024 — BMW passed VW in the first half to become Europe’s No. 2 seller of EVs in Europe. A big contributor to BMW’s 53% increase in EV sales during the half was the iX1. (BMW)

August 06, 2024 04:00 AM

Demand for full-electric electric volume cars in Europe languished in the first half as automakers prepare to launch cheaper models ahead of tougher CO2 regulations next year.

Featured Stories

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says

Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says

Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect

Which vehicles are subject to Trump’s auto tariffs? Check our list

Latest News

How automotive stocks are performing after latest tariff news

Daily 5 report for April 9: The tragedy of elevated U.S. highway fatalities; follow this piston across North America

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says

Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

South Korea’s tariff-hit auto sector gets $2B boost; Hyundai, Kia to benefit

2025 New York auto show will have strong brand presence, spotlight affordable vehicles

Trump auto tariffs could cut European exports to U.S. by 200,000, study says

U.S. stock futures plunge overnight with Trump team defending tariffs

Staying current is easy with newsletters delivered straight to your inbox.