Xin Lang Cai Jing·2026-02-24 06:14Core Insights - In January, new car sales in Europe experienced a year-on-year decline for the first time since June, influenced by decreased sales in major markets such as Germany, France, Belgium, and Poland [1][5]. Group 1: Sales Performance - Norway saw the most significant decline, with new car registrations in January dropping approximately 76% compared to the same month in 2025 [2][6]. - Overall, new car sales across Europe, including EU member states, the UK, Switzerland, Norway, and Iceland, fell by 3.5% year-on-year to 961,382 vehicles [2][6]. - Gasoline vehicle sales decreased by about 26%, with France experiencing a notable drop of 49% and Germany a decline of 30% [2][6]. - The market share of gasoline vehicles fell from nearly one-third to just over one-fifth [2][6]. Group 2: Electric and Hybrid Vehicles - Sales of pure electric vehicles, plug-in hybrids, and hybrid vehicles increased by approximately 14%, 32%, and 6%, respectively, with their total sales accounting for 69% of new car registrations in January, up from 59% in January 2025 [2][6]. Group 3: Manufacturer Performance - Major manufacturers such as Volkswagen, BMW, Renault, and Toyota saw their registrations decline by 3.8%, 5.7%, 15%, and 13.4%, respectively [2][6]. - In contrast, BYD's registrations surged by 165% [2][6]. - Stellantis and Mercedes reported sales growth of 6.7% and 2.8%, respectively [3][7]. - Tesla continued its downward trend, with sales decreasing by 17% year-on-year, marking the 13th consecutive month of decline [4][8].