Impact of Market Dynamics on Ford and Tesla Registrations in the European Union
Thursday, 18 July 2024, 09:57
Market Share Overview
Ford Motor Co and Tesla Inc face declining market shares in the EU as Japanese players, including Toyota, gain traction.
Tesla's Decline
Tesla experienced a 9.1% drop in registrations, with only 125,791 new vehicles registered in the EU.
Ford's Slump
Ford saw registrations slump 14.8% year-on-year, a concerning trend in the region.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.