New car registrations in the European Union experienced their fourteenth consecutive month of growth in September, without yet reaching the level before the health crisis, according to sector statistics published on Friday. Last month, a total of 861,062 passenger cars were registered for the first time in EU countries, representing a year-on-year increase of 9.2%, the European Automobile Manufacturers Association (ACEA) reported in a press release.
During the first nine months of the year, the market grew “substantially” (16.9%), totaling eight million units, according to ACEA, which emphasizes that it is still far from the 10 million four years ago, before Covid-19. 19, which interrupted the supply. chains, particularly semiconductors.
This nine-month trend was driven by the largest domestic markets, such as Germany (+14.5%), France (+15.9%), Italy (+20.5%) and Spain (+18.5%) .
Stellantis loses 2 points of market share
The German group Volkswagen consolidated its leading European position during the same period, with a market share of 26.2%, and saw its registrations increase by 21.7% compared to the first three quarters of 2022, thanks in particular to Skoda and Audi, whose sales grew by more than a quarter.
At the same time, its French-Italian-American rival Stellantis lost two points of market share, to 18.4%, with its registration growth (+5.5%) being lower than the general trend. Two brands even went into the red, Fiat (-1.8%) and Citroën (-1.5%).
With a market share of 10.8% in nine months (+0.3 points) thanks to an increase in registrations of 20.8%, the Renault group remains third on the podium. Two Asian groups follow: the South Korean Hyundai (with Kia), which controls 8.5% of the European market from the beginning of 2023, ahead of the Japanese Toyota (with Lexus), with 6.9%. They are followed by the two high-end German specialists, BMW (6.6%) and Mercedes-Benz (5.5%).
At the bottom of the table, the dynamism of the American electricity specialist Tesla stands out, doubling its market share to 2.6% of European registrations in nine months. In terms of the number of vehicles sold, this represents a growth of 131.2% year on year. 100% electric vehicles reached a market share of 14.8% in September, a slight increase (+0.7 points) in a year, but a decrease from 21% in August. However, according to ACEA, they outperformed diesels for the third time this year.
Source: BFM TV
