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Europe car sales rise 10% in September as EV surge offsets combustion slump

    By Amir  Orusov
       Oct 22 (Reuters) - Strong demand for electrified cars
helped Europe's new-car market grow in September, offsetting
another sharp decline in petrol and diesel vehicle sales, data
from the European Automobile Manufacturers' Association showed
on Thursday.
    New-car registrations, a proxy for sales, rose 10.2%
year-on-year to 1.36 million vehicles across the European Union,
Britain and the European Free Trade Association, ACEA said.
    Demand for electrified vehicles remained strong across major
European markets, supported by purchase incentives and a broader
model lineup. 
    * Battery-electric, plug-in hybrid and hybrid car
registrations jumped 59.9%, 24% and 5.3%, respectively, and
together accounted for 76.2% of all new vehicles
    * Petrol and diesel registrations fell 20.6% and 28.2%
    * Chinese automakers continued to gain ground, with Chery
 9973.HK  and BYD  002594.SZ  nearly tripling and doubling
sales, respectively, while Geely  0175.HK  and SAIC  600104.SS 
reported increases of more than 33% and 23%
    * The four Chinese carmakers' combined market share rose to
14.6% from 9.6% a year earlier
    * Registrations at Volkswagen  VOWG_p.DE  and Renault
 RENA.PA  declined between 2.9% and 0.7%, while Stellantis
 STLAM.MI  gained 4.5%; the three automakers' combined market
share fell to 43.7% from 48.4%


    (Reporting by Amir Orusov; Editing by Tasim Zahid)
 ((Amir.orusov@thomsonreuters.com))

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