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Europe's Electric Car Sales Will Beat 1 Million In 2021, But Growth Will Slow Later; Report

Europe's Electric Car Sales Will Beat 1 Million In 2021, But Growth Will Slow Later; Report
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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'Mixed picture' for European residual values

‘Mixed picture’ for European residual values
Written by Jack Carfrae
Autovista Group has reported a ‘mixed picture’ of residual value movements across the big five European used car markets in January.
According to the company’s monthly market dashboard, values of three-year-old/60,000km cars increased year-on-year in all five countries, and Italy and the UK reported strong month-on month rises of 9.7% and 5.3% respectively.
Month-on-month, equivalent values in France saw a 1% reduction from December levels, while Germany and Spain recorded modest increases of 0.6% and 1.1%.
Germany was the only big five country not to experience growth in RV retention. The highest – in RV percentage terms – was the UK, at 48%, which represented an 8.4% year-on-year rise. ....

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