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EU Car Sales Drop 3.4% in February, German Market Sees Sharpest Decline in Volume
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The European car market is sluggish, with the largest sales decline in five months in February, and Tesla's market share has further declined.
Due to the economic downturn, tariff threats, and intensified competition, new vehicle sales in Europe fell by 3.1% year-on-year in February, with sales of RBOB Gasoline and diesel vehicles decreasing by more than 20%, while sales of pure electric and hybrid vehicles saw significant growth of 26%. However, due to Musk's controversial political stance, Tesla's sales in February plummeted by 40% year-on-year, and its electric vehicle market share has halved compared to last year.
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