European Car Sales Drop 2.8% in March; Electric Vehicle Demand Cools
European new-car sales fell by 2.8% to 1.38 million units in March, with electric vehicles (EVs) experiencing a significant 11% decline, according to the industry body ACEA. The slowdown, accentuated by economic pressures such as higher interest rates and reduced subsidies, affected major automakers like Volkswagen Group and