European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says
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European car sales increased by 0.9% in 2024, with hybrid cars showing significant growth. Renault surpassed Stellantis in December sales.
January 21, 2025 | 5:30 am
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Renault overtook Stellantis in December car sales, driven by strong hybrid car registrations.
Renault's ability to surpass Stellantis in December sales, particularly with the growth in hybrid registrations, suggests a positive trend for the company. This could lead to increased investor confidence and a potential short-term stock price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80