BRUSSELS: Tesla’s sales in the EU market continued to decline in the first quarter of 2025, with registrations falling by 45 per cent year-on-year, according to data from the European Automobile Manufacturers’ Association (ACEA) published on Thursday.
This marks a continued negative trend for the US carmaker owned by billionaire Elon Musk, though the decline has slowed slightly compared to earlier in the year.
Between January and February, registrations had dropped by 49 per cent year-on-year.
The Volkswagen Group reported a slight increase of nearly 5 per cent, while BMW saw a modest rise of 0.4 per cent. Mercedes-Benz, however, posted a decline of 6.2 per cent.
Overall, new car registrations in the European Union decreased by 1.9 per cent in the first quarter, though electric vehicles (EVs) saw a 23.9 per cent growth, reaching a market share of 15.2 per cent. – BERNAMA-dpa