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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The positive results came as a result of more electrified vehicles from Mercedes (+44%), Volkswagen (+240%), BMW (+15%), Hyundai (+25%), Volvo (+79%), and Suzuki, among others. Demand in Latin America fell by 30% to 318,000 units, following restrictions in Argentina, Colombia, Chile, Peru, and more recently Brazil and Mexico.

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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

Elsewhere, Russia climbed the rankings and overtook South Korea, while Argentina and Turkey—two big producers of vehicles—saw declines, having felt the effects of challenging economic times. India’s growth is projected to continue over the next few years, with it expected to become the third largest market by 2021. million sales.

2018 273