欧洲6月汽车销量创10个月最大跌幅，电动车增长持续放缓

Group 1: Market Overview - The European automotive market experienced its most significant decline in 10 months in June, with new car registrations dropping by 5.1% to 1.24 million units, marking the largest monthly decline since August of the previous year [1] - Germany, as the largest automotive market in Europe, was a major contributor to the overall sales decline, with new car registrations plummeting by 14% in June and a cumulative drop of 4.7% for the first half of the year [2] - Italy and France also faced challenges, with June sales decreasing by 17% and 6.7% respectively, reflecting ongoing consumer caution and economic uncertainty [2] Group 2: Electric Vehicle Trends - Despite the overall market downturn, demand for electric vehicles (EVs) continued to rise, albeit at the lowest growth rate of the year at 14% [1][4] - Plug-in hybrid vehicles emerged as a market highlight, with registrations surging by 38% in June, indicating a growing preference for models that combine electric driving with traditional fuel engines [3][4] - The increase in pure electric vehicle sales was supported by new model launches and government incentives in certain countries, although the adoption rate of EVs remains uneven across Europe due to differences in infrastructure and national policies [4] Group 3: Industry Challenges - European automakers are facing multiple challenges, including losing market share and pricing power in the competitive Chinese market, particularly for brands like Volkswagen, BMW, and Mercedes-Benz [6] - Management instability is also a concern, with Stellantis NV appointing a new CEO and Renault searching for a permanent CEO [6] - U.S. tariffs on imported cars and parts pose a risk to billions of euros in earnings for manufacturers with operations in the U.S., although the European Commission has provided a three-year buffer period by delaying stricter carbon emission targets [6]