ACEA Says Auto Purchases Increased By 4.9% In Europe In October

2025-12-02 02:08:28

(MENAFN- Investor Brand Network) European auto sales grew 4.9% in October as electric models outpaced gas and diesel counterparts for the first time. Data from the European Automobile Manufacturers' Association (ACEA) captures a pivotal moment for an industry that has weathered multiple challenges throughout the year, from trade tensions to slower-than-expected technological transitions. According to the ACEA, registrations across the EU, Britain and EFTA countries reached 1.092 million units in October.

On the plus side, the current pace at which the uptake of electric vehicles is happening in Europe and around the world indicates that startups like Bollinger Innovations, Inc. (OTC: BINI) have a...

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