Tesla, Stellantis' Total Passenger Vehicle Registration Rise in Q1, Automobile Association Says

MT Newswires Live04-23 18:53

Tesla's (TSLA) total passenger vehicle registration rose 59.6%, while Stellantis' (STLA) gained 8.5% in Q1, according to the European Automobile Manufacturers' Association.

The association said Thursday that total regional passenger vehicle registrations increased 4% in the European Union in Q1.

Meanwhile, Honda Motors (HMC) showed a 21% increase in recorded auto units, while overall regional registrations fell by 2.8% for Toyota Motors (TM) and dropped 18.9% for Ford (F), the association said.

European Union consumers registered almost 547,000 new battery-electric vehicles during Q1, representing more than 19% of the region's market, while hybrid models represented 38.6%, and traditional gasoline and diesel automobiles dropped to 30.3%, it added.

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