Dacia Sandero Leads European Sales in 2024, Tesla Sales Decline as Chinese EV Makers Gain Traction

In the fast-paced world of the automotive industry, the first half of 2024 has brought some interesting developments. The Dacia Sandero, known for its budget-friendly price tag, has emerged as the best-selling model in Europe, with almost 144,000 units sold. Priced at just £13,795, the Sandero is officially Britain’s cheapest new car, but it has failed to break into the top 10 list of best-sellers in the UK.

On the other hand, Tesla, the electric vehicle giant, has seen a decline in sales, with its Model Y slipping down the rankings in 2024. Last year’s best-selling model in Europe, the Model Y has faced tough competition from Chinese EV makers who are making their mark on the European market.

The rise of Chinese EV brands in Europe is evident from the sales figures, with companies like Geely Group and BYD outselling established brands like Hyundai-Kia and Mercedes. The competition is heating up, and Chinese brands are rapidly expanding their presence in the European market, especially in the electric vehicle segment.

However, the popularity of Chinese brands in Europe could face a setback due to new tariffs imposed by the EU on Chinese electric cars. The additional duties range from 17.4% to 37.6%, on top of the existing 10% tariffs, making Chinese electric cars more expensive for European consumers. This move could also impact the prices of Teslas and electric Minis, leading to a potential shift in the market dynamics.

As the automotive industry continues to evolve, it will be interesting to see how these developments shape the future of car sales in Europe. The competition is fierce, and only time will tell which brands will come out on top in this ever-changing landscape.