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

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million

Mitsubishi holds imports at U.S. ports in response to tariffs, lowers April incentives

Dealership buy-sell database updates: AutoNation, Top 150 groups among dealmakers across 6 states

Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends

Latest News

GM CEO Mary Barra’s 2024 compensation rises to $29.5 million

Congress Conversations: Live talk at 1 p.m. April 16 on tariffs, car pricing and shopper trends

Daily 5 report for April 11: Tariffs force UAW President Shawn Fain to walk a political tightrope

Live updates on tariffs: Mitsubishi holds imports at ports

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

See More in Automakers

GM to idle CAMI BrightDrop plant in Ontario for 5 months

Take a look at how tariff stacking impacts vehicles and parts

EU, China explore minimum prices for Chinese EVs to replace tariffs

Stacking tariffs add costs and uncertainty for auto suppliers

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