European Car Sales Rise Modestly in February, Tesla Reverses Year-Long Skid
24-Mar-2026
New car sales in Europe rose in February after falling in January, while sustained demand for electric vehicles helped Elon Musk's all-electric brand Tesla resume growth for the first time since December 2024, official data showed on Tuesday.
Overall car registrations, a proxy for sales, in the European Union, Britain and the European Free Trade Association were up 1.7% to 979,321 vehicles sold in the month, according to the European auto lobby ACEA.
Two-thirds of those were electrified, either battery-electric, plug-in hybrid or hybrid.
The EU and Britain are walking back some regulations aimed at reducing CO2 emissions after pressure from domestic carmakers who say they are struggling to turn a profit on EV sales while fending off competition from Chinese rivals.
News Source:- https://money.usnews.com/investing/news/articles/2026-03-24/european-car-sales-rise-modestly-in-february-tesla-reverses-year-long-skid
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