Sluggish car market: Which EU countries are bucking the trend?

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Sluggish car market: Which EU countries are bucking the trend?  Some countries are experiencing a mini-boom in the automobile industry thanks to state incentives, despite modest consumer demand.  READ MORE : http://www.euronews.com/2025/11/25/sluggish-car-market-which-eu-countries-are-bucking-the-trend  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Why is Spain's car market booming while others flounder?

00:09So far, 2025 hasn't been the greatest year for the European car market.

00:14New passenger car registrations grew by a mere 1% between January and September,

00:21compared to the same period in 2024.

00:24A total of just more than 8.2 million vehicles were sold, but the picture varies significantly

00:32between countries. Sales dropped in Belgium, France, Italy and stagnated in Germany.

00:39While other markets have been struggling, Spain reported a remarkable 15% growth.

00:47One of the reasons is the new extension of a massive incentive scheme aimed at boosting

00:53electric mobility. The program, now open till the end of 2025, has spent more than 1.3 billion euros

01:02in the past 4 years, not just for purchasing vehicles, but also to install over 100,000

01:09charging points across the country. Austria also recorded an impressive 12% increase in the first

01:179 months of this year. However, the growth in fully electric vehicles was mostly fueled by corporate

01:24fleets, making the trend potentially volatile depending on purchasing cycles.

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