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In June 2023, the EU car market grew by 17.8% to 1 million registered units, according to ACEA,* the trade group that represents automakers, said this morning. Except for Hungary (-1.4%), all the EU markets grew, including the four largest: Germany (+24.8%), Spain (+13.3%), France (+11.5%), and Italy (+9.1%). The growth is partially a statistical anomaly since it is compared can be to the region’s rebound from a low comparison base last year, the result of vehicle component shortages.
Perhaps more significant though is that battery electric vehicles took a 15.1% market share, outselling once tax-favored diesel vehicles. Hybrid-electric cars remained the second-most popular choice among new car buyers, representing 24.3% of the market. Gasoline fueled cars retained the largest share, accounting for 36.3%.
During the first half of 2023, new EU car registrations increased significantly (+17.9%), reaching 5.4 million units. Nonetheless, aggregate volumes remain 21% lower when compared to 2019. This is a significant economic force since ~13 million Europeans work in the automotive sector.
A Closer look at Electric cars
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In June, new registrations of battery-electric cars in the EU increased by a significant 66.2%, reaching 158,252 units. This resulted in a market share of 15.1% (up from 10.7% in June 2022) and positioned battery-electric cars as the third most popular choice among new car buyers, overtaking diesel for the first time. Most EU markets recorded impressive double- and triple-digit percentage gains, including the largest, such as the Netherlands (+90.1%), Germany (+64.4%), and France (+52.0%). This contributed to a year-to-date growth of 53.8%, with 703,586 units sold between January and June.
New hybrid-electric car registrations increased by 32.4% in June, reaching 254,100 units. This growth was primarily driven by substantial gains in the bloc’s largest markets: Germany (+59.1%), Italy (+29.9%), France (+27.9%), and Spain (+22.7%). Cumulatively, hybrid-electric car sales recorded a notable 27.9% increase from January to June, reaching ~1.4 million units and capturing 25% of the market.
In June, the EU market for new plug-in hybrid cars rebounded, with registrations increasing by 13.4%. Although there was a significant 39.2% sales decline in Germany, the largest market for this fuel type, the substantial increase in France (+49.9%) and Spain (+51.7%) largely offset this decline. The overall market share of plug-in hybrid cars decreased to 7.9% from 8.2% in June last year, despite June’s increase in registrations.
However, the GlobalData consultancy said this: “Hybridization of diesel in Germany reached 30% a few months ago and seems to be stable at this level at the moment. The type is almost all 48V mild hybrid with some OEMs offering only this technology on their current diesel range (Volvo for instance). Germany’s non-hybrid diesel share, as reported by the KBA, in June was 16.7% but including hybrids brings this up to 23.9% which is the figure we use in our analysis.”
*ACEA
The European Automobile Manufacturers’ Association (ACEA) represents the 14 major 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.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
EU – EVs Outsell Diesel Cars for First Time
Click for more information.
In June 2023, the EU car market grew by 17.8% to 1 million registered units, according to ACEA,* the trade group that represents automakers, said this morning. Except for Hungary (-1.4%), all the EU markets grew, including the four largest: Germany (+24.8%), Spain (+13.3%), France (+11.5%), and Italy (+9.1%). The growth is partially a statistical anomaly since it is compared can be to the region’s rebound from a low comparison base last year, the result of vehicle component shortages.
Perhaps more significant though is that battery electric vehicles took a 15.1% market share, outselling once tax-favored diesel vehicles. Hybrid-electric cars remained the second-most popular choice among new car buyers, representing 24.3% of the market. Gasoline fueled cars retained the largest share, accounting for 36.3%.
During the first half of 2023, new EU car registrations increased significantly (+17.9%), reaching 5.4 million units. Nonetheless, aggregate volumes remain 21% lower when compared to 2019. This is a significant economic force since ~13 million Europeans work in the automotive sector.
A Closer look at Electric cars
Click for more.
In June, new registrations of battery-electric cars in the EU increased by a significant 66.2%, reaching 158,252 units. This resulted in a market share of 15.1% (up from 10.7% in June 2022) and positioned battery-electric cars as the third most popular choice among new car buyers, overtaking diesel for the first time. Most EU markets recorded impressive double- and triple-digit percentage gains, including the largest, such as the Netherlands (+90.1%), Germany (+64.4%), and France (+52.0%). This contributed to a year-to-date growth of 53.8%, with 703,586 units sold between January and June.
New hybrid-electric car registrations increased by 32.4% in June, reaching 254,100 units. This growth was primarily driven by substantial gains in the bloc’s largest markets: Germany (+59.1%), Italy (+29.9%), France (+27.9%), and Spain (+22.7%). Cumulatively, hybrid-electric car sales recorded a notable 27.9% increase from January to June, reaching ~1.4 million units and capturing 25% of the market.
In June, the EU market for new plug-in hybrid cars rebounded, with registrations increasing by 13.4%. Although there was a significant 39.2% sales decline in Germany, the largest market for this fuel type, the substantial increase in France (+49.9%) and Spain (+51.7%) largely offset this decline. The overall market share of plug-in hybrid cars decreased to 7.9% from 8.2% in June last year, despite June’s increase in registrations.
However, the GlobalData consultancy said this: “Hybridization of diesel in Germany reached 30% a few months ago and seems to be stable at this level at the moment. The type is almost all 48V mild hybrid with some OEMs offering only this technology on their current diesel range (Volvo for instance). Germany’s non-hybrid diesel share, as reported by the KBA, in June was 16.7% but including hybrids brings this up to 23.9% which is the figure we use in our analysis.”
*ACEA
The European Automobile Manufacturers’ Association (ACEA) represents the 14 major 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.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.