Core Insights - The European Union's new car registrations fell sharply in June, with a total of 1 million vehicles registered, marking a 7.3% decline compared to the same period last year, the largest drop since last summer, reflecting a "severe global economic situation" [1] Market Performance - Major markets in June showed varied performance: Germany's car sales decreased by 13.8%, Italy by 17.4%, France by approximately 7%, while Spain experienced a growth of 15.2% [1] - Gasoline vehicle registrations also saw a similar percentage decline, with sales at 1.58 million units, accounting for about one-third of the total market share [1] Electric and Hybrid Vehicle Trends - In contrast to gasoline vehicles, hybrid vehicle sales in the EU for the first half of the year reached 1.94 million units, an increase of 170,000 units compared to the same period last year [1] - Electric vehicles captured a market share of 15.6%, with sales totaling 869,271 units, representing a year-on-year growth of 22% [1]