During July 2023, the EU car market continued recovering by expanding registrations by 15.2%, according to the European Automobile Manufacturers’ Association (ACEA)*, which released the data this morning. It was the twelfth consecutive month of growth. New car registrations reached 851,156 units as the bloc mends from last year’s component shortages.
Most markets posted growth, including the four largest: France (+19.9%), Germany (+18.1%), Spain (+10.7%) and Italy (+8.7%). Battery electric vehicle sales now represent 13.6% of the overall market. However, year-to-date volumes are still 22% lower than in pre-pandemic 2019. There were double-digit percentage gains in most markets during this current seven-month period, including the four largest: Spain (+21.9%), Italy (+20.9%), France (+15.8%), and Germany(+13.6%).
Click to enlarge.
During July, the market share of battery-electric cars rose to 13.6% (up from 9.8% the same month last year). Hybrid-electric cars maintained their position as the second choice among new car buyers, with more than 25% of the market. Nonetheless, internal combustion engine (ICE) cars, including gasoline and diesel models, retained a combined market share of half of new car sales
Details
Electric cars: In July, new EU battery-electric car registrations substantially increased by 60.6%, reaching 115,971 units while accounting for 13.6% of the market. Most EU markets grew significantly by double- and triple-digit percentage gains, including the two largest, Germany (+68.9%) and France (+32.4%). Notably, Belgium recorded the highest sales with 235.9% growth. Cumulatively, battery-electric car sales recorded a significant 54.7% increase from January to July, with 819,725 units registered.
New EU hybrid-electric car registrations surged by 31.6% in July, primarily the result of strong growth in the region’s largest markets: Germany (+46.6%), France (+32.8%), Spain (+30.8%), and Italy (+16.7%). This led to a cumulative 28.5% increase, with almost 1.6 million units sold between January and July, equivalent to one-quarter of the market share.
New EU plug-in hybrid car registrations increased 14.5%, reaching 67,060 units. Strong performance in major markets like the Netherlands (+107.6%), France (+80%), and Spain (+42.7%) was offset by a decline in Germany (-39.5%), the largest market for this fuel type. Despite this growth, the market share of plug-in hybrid cars remained stable at 7.9% in July. Petrol and diesel cars
New EU gasoline car market increased 5%, reaching 304,903 units. However, market share decreased from 39.3% to 35.8% compared to last July. This growth was primarily driven by a solid performance in major markets, notably France (+16.4%) and Germany (+12.5%). Over 2.3 million petrol cars were sold in the first seven months of this year, a substantial 14.3% increase compared to 2022.
However, the EU’s market for diesel cars continued to decline (-9.1% in July) despite growth in Germany (+2.7%) and Central and Eastern European markets, particularly Slovakia (+36.1%) and Romania (+19.8%). Diesel cars now account for a market share of 14.1%, down from 17.9% in July last year.
*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, publisher (kzhw@aol.com), 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.
Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures.
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 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.
July 2023 EU Car Sales Up 15%
During July 2023, the EU car market continued recovering by expanding registrations by 15.2%, according to the European Automobile Manufacturers’ Association (ACEA)*, which released the data this morning. It was the twelfth consecutive month of growth. New car registrations reached 851,156 units as the bloc mends from last year’s component shortages.
Most markets posted growth, including the four largest: France (+19.9%), Germany (+18.1%), Spain (+10.7%) and Italy (+8.7%). Battery electric vehicle sales now represent 13.6% of the overall market. However, year-to-date volumes are still 22% lower than in pre-pandemic 2019. There were double-digit percentage gains in most markets during this current seven-month period, including the four largest: Spain (+21.9%), Italy (+20.9%), France (+15.8%), and Germany(+13.6%).
Click to enlarge.
During July, the market share of battery-electric cars rose to 13.6% (up from 9.8% the same month last year). Hybrid-electric cars maintained their position as the second choice among new car buyers, with more than 25% of the market. Nonetheless, internal combustion engine (ICE) cars, including gasoline and diesel models, retained a combined market share of half of new car sales
Details
Electric cars: In July, new EU battery-electric car registrations substantially increased by 60.6%, reaching 115,971 units while accounting for 13.6% of the market. Most EU markets grew significantly by double- and triple-digit percentage gains, including the two largest, Germany (+68.9%) and France (+32.4%). Notably, Belgium recorded the highest sales with 235.9% growth. Cumulatively, battery-electric car sales recorded a significant 54.7% increase from January to July, with 819,725 units registered.
New EU hybrid-electric car registrations surged by 31.6% in July, primarily the result of strong growth in the region’s largest markets: Germany (+46.6%), France (+32.8%), Spain (+30.8%), and Italy (+16.7%). This led to a cumulative 28.5% increase, with almost 1.6 million units sold between January and July, equivalent to one-quarter of the market share.
New EU plug-in hybrid car registrations increased 14.5%, reaching 67,060 units. Strong performance in major markets like the Netherlands (+107.6%), France (+80%), and Spain (+42.7%) was offset by a decline in Germany (-39.5%), the largest market for this fuel type. Despite this growth, the market share of plug-in hybrid cars remained stable at 7.9% in July. Petrol and diesel cars
New EU gasoline car market increased 5%, reaching 304,903 units. However, market share decreased from 39.3% to 35.8% compared to last July. This growth was primarily driven by a solid performance in major markets, notably France (+16.4%) and Germany (+12.5%). Over 2.3 million petrol cars were sold in the first seven months of this year, a substantial 14.3% increase compared to 2022.
However, the EU’s market for diesel cars continued to decline (-9.1% in July) despite growth in Germany (+2.7%) and Central and Eastern European markets, particularly Slovakia (+36.1%) and Romania (+19.8%). Diesel cars now account for a market share of 14.1%, down from 17.9% in July last year.
*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, publisher (kzhw@aol.com), 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. Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures. 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 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.