-
Recent Posts
- Clean Air Act – Power Performance Enterprises Fined
- US Auto Sales Forecast Trump Bump or Bumpy 25?
- Toyota Slashes 2025 Electric Vehicle Prices $6000
- Kenworth, Peterbuilt ABS Software Recall
- November Global Light Vehicle Sales Rate 93 Million
- Airports – More Safety, Capacity Improvements On Way
- Florida Man Pleads Guilty to Odometer Tampering
- December U.S. Auto Sales Start Strong
- Technical Tidbits – Porsche 1900 Wheel-Hub Motor
- French are Running Nissan Americas and in Japan
- GM About Face on Robo Taxi Development
- Stellantis and CATL JV for LFP Battery Plant in Spain
- Mustang GTD Laps Nürburgring in under Seven Minutes
- Tavares Out. Stellantis Back into ACEA!
- US Light Vehicle Sales Strong in November
Recent Comments
- Lisa Jacobson on Fossil Fuel Phase Out or Cop Out at COP28?
- Stellantis on Carlos Tavares Out as Stellantis CEO
- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
- American Airlines and JetBlue Alliance Blocked | AutoInformed on Justice Sues to Block JetBlue’s Purchase of Spirit Airlines
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
May 2024 Car Sales Drop 3% in EU
Click to Enlarge.
During May 2024, car registrations in the European Union decreased by 3%, with drops in three out of the region’s four major markets: Italy (-6.6%), Germany (-4.3%), and France (-2.9%). Spain, posted slight growth of 3.4% last month.*
Registrations of battery-electric (BEV) cars declined by 12% to 114,308. The total EV market share dropping to 12.5%. Belgium – now the third-largest market by volume for BEVs – and France were the only key markets to record growth, at 44.8% and 5.4%, respectively. Germany (-30.6%) and the Netherlands (-11.7%) had significant declines. From January to May, a total of 556,276 new battery-electric cars were registered. This is a 2% increase from the same period last year, according to the ACEA trade group.**
“Plug-in hybrid car registrations also saw a decline of 14.7% last month, with significant decreases in two of the largest markets: Belgium (-36.6%) and France (-19.4%). Germany managed a modest increase of 1.7%, but this was not enough to offset the overall negative trend. In May, plug-in hybrids accounted for 6.5% of the total car market, with 59,333 units sold,” said ACEA.
However, hybrid-electric was the only segment growing, with car registrations increasing by 16.2% in May to more than 272,568. Three of the four largest markets for this segment – France (+38.3%), Spain (+25.4%), and Italy (+7.4%) posted gains. Germany declined -0.7%. The hybrid-electric market share ~ 30%, up from 25% in May 2023.
Fossil Fuels and Fossil Cars
In May 2024, petrol car sales decreased by 5.6% to 323,551 units, with notable declines in key markets such as France (-20.3%) and Spain (-1.8%). Italy and Germany posted modest growth rates of 4.1% and 2.1%, respectively. As a result, the petrol market share declined from 36.5% to 35.5% compared to May of the previous year.
The diesel car market dropped -11.4% to 118,733, accounting for 13% of the market. Significant decreases were observed in major markets – Italy (-30.5%), France (-24.8%), and Spain (-15.4%). Germany increased 3.2%.
*AutoInformed on
**ACEA: The European Automobile Manufacturers’ Association (ACEA) represents the 14 Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group. Data source is ACEA, based on aggregated data provided by national automobile associations, ACEA members and S&P Global Mobility. Some of the interpretations above are AutoInformed’s.