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Tag Archives: acea
August 2024 EU Car Registrations Plummet
During August 2024, new EU car registrations saw a sharp decrease (-18.3%) with negative results across the region’s four major markets: double-digit losses were witnessed in Germany (-27.8% at 197,322), France (-24.3% at 85,977), and Italy (-13.4% at 69,161), with the Spanish market declining by 6.5% at 52,322, the ACEA trade group said today.
With eight months of 2024 elapsed, new car registrations increased by 1.4%, at ~7.2 million units. Spain (+4.5% at 671,551) and Italy (+3.8% at 69,161) showed positive but modest performance. The French and the German markets stagnated (-0.5% at 1,126,900 and -0.3% at 1,907,226 respectively). Continue reading
Posted in auto news, economy, manufacturing, marketing, news analysis, results, sales
Tagged acea, August 2024 EU Car Registrations, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Death of the diesel, European Automobile Manufacturers’ Association, Ken Zino, X @KenAutoinformed
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Commercial Vehicle Sales Up in EU H1 2024
During the first half of 2024, new EU van sales increased by 15%, at 840,409 units, driven by double-digit growth in key markets, according to data just released by The European Automobile Manufacturers’ Association (ACEA).* “Germany led with a remarkable 19.3% rise, followed by Spain at 18.5%, Italy at 17.8%, and France at 10.5%. New EU truck registrations saw a more modest increase of 3%, at 183,295 units from January to June. This growth was primarily driven by an 18.2% increase in medium-truck sales, while heavy trucks remained stable with a 0.3% increase. Spain and Italy led with double-digit gains of 21.7% and 10.5%, respectively, while Germany (+8.1%) and France (+5.5%) also posted growth,” ACEA said. Continue reading
May 2024 Car Sales Drop 3% in EU
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, according to the ACEA trade group. Continue reading
Posted in auto news, economy, electric vehicles, marketing, news analysis, results, sales
Tagged acea, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Death of the diesel, EU May 2024 Cars Sales, European Automobile Manufacturers’ Association, Ken Zino
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January 2024 EU New Car Registrations Up 12%
In January 2024, the EU new car market rallied from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. The trade bloc’s major markets all saw significant growth, with Germany (+19.1%), Italy(+10.6%), France (+9.2%), and Spain (+7.3%) posting either high single-digit or double-digit gains, according to ACEA.*
The EU diesel car market contracted by 4.9% in January. However new battery-electric car sales surged by 28.9% to 92,741 units, representing a total market share of 10.9%. The four largest markets in the region, together covering 66% of all battery electric car registrations, recorded double-digit gains: Belgium (+75.5%), the Netherlands (+72.2%), France (+36.8%), and Germany (+23.9%). Continue reading
EU Car Market Drops in December after 16 Months of Growth
During 2023, the EU car market concluded with a 13.9% expansion compared to 2022, reaching a full-year volume of 10.5 million units. All EU markets grew in the past year except for Hungary (-3.4%). Double-digit gains were recorded in most markets, including three of the largest: Italy (+18.9%), Spain (+16.7%), and France (+16.1%). Conversely, Germany recorded a more modest 7.3% year-on-year increase, influenced by its weaker December performance. Continue reading
Posted in auto news, connected vehicles, economy, electric vehicles, marketing, news analysis, results, sales
Tagged acea, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Death of the diesel, EU car markets sales, GlobalData, Ken Zino, The European Automobile Manufacturers’ Association
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Western EU Car Sales Down ~5% in 2023
The Western Europe PV selling rate rose to 13 million units/year in December 2023, with 951,000 car registrations in the month. Compared year-over-year (YoY ), sales were down almost 5%, though that compares to a strong December 2022, according to an analysis just released by European Light Vehicle Sales Forecasting Team at the GlobalData consultancy.The region finished 2023 overall with 11.6 million units, higher than the 10.1 million units recorded in 2022, but well behind the 14.3 million units registered in pre-covid 2019. Continue reading
November 2023 EU Car Market Grows on Mixed Results
In November 2023, the EU’ car market grew by 6.7%, according to data just released by ACEA.* This was the sixteenth consecutive month of expansion. There were substantial double-digit gains in some markets, including two of the largest: Italy (+16.2%) and France (+14%).
However, the German car market retracted, recording a -5.7% decline compared to November 2022, which provided a small base line for comparison across the EU. Overall new car registrations were +6.7% in November; with a battery electric market share at 16.3%. Eleven months into 2023, new car registrations increased by 15.7%, reaching nearly ten million units. With the exception of Hungary, all EU markets grew during this eleven-month period. The four largest markets contributed to this trend: Italy (+20%), Spain (+17.3%), France (+16.2%), and Germany (+11.4%). Continue reading
July 2023 EU Car Sales Up 15%
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. Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed.com, Death of the diesel, July 2023 EU car sales, Ken Zino
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EU New Commercial Vehicle Registrations Up in H1 2023
Commercial vehicle sales in Europe are up in double digits during H1 2023, according to ACEA* data released this morning. During the first half of 2023, new EU van sales increased by 11.6% to 725,418 units as supply chain issues eased. Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed.com, EU commercial vehicle sale H1 2023, Ken Zino
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EU – EVs Outsell Diesel Cars for First Time
Perhaps more significant though is that battery electric vehicles took a 15.1% market share, outselling 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%. Continue reading
EU Commercial Vehicle Registrations -8.5% in October
In a demonstration of the murky answer to the question “is the ongoing European-recession glass half-empty or half-full?”, ACEA* said today that the EU market for new commercial vehicles continued to scuffle, declining for the sixteenth month in a row at -8.5% vehicles.
However, year-to-date registrations of new commercial vehicles across the European Union contracted by 16.8% to 1.3 million units. So things are improving somewhat since the rate of decline is decreasing. Moreover, the truck and bus segments performed better than in October 2021. Continue reading
Posted in economy, news analysis, sales
Tagged acea, auto industry commentary, autoinformed.com, eu, Ken Zino
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Statistical Quirks Show September EU Car Sales up 10%
This is really a mathematical quirk since the “increase” came from a low base of comparison from September 2021, when the semiconductor shortage hindered vehicle production. This is an economic calamity because 12.7 million Europeans work in the auto industry, directly or indirectly, comprising 6.6% of all EU jobs. Moreover, 11.5% of EU manufacturing jobs, ~3.5 million, are in the automotive sector. Motor vehicles are responsible for €398.4 billion of tax revenue for governments within key European markets. Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed.com, EU Passenger car sales, Ken Zino
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August EU Car Sales Increased after 13 Months of Decline
During August, the European new car market returned to growth (+4.4%), bringing an end to thirteen months of consecutive decline. Nonetheless, with 650,305 units registered this remains far below pre-pandemic levels. All the key EU markets positively contributed to the region’s growth, with gains seen in Italy (+9.9%), Spain (+9.1%), France (+3.8%) and Germany (+3.0%). Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed.com, Ken Zino
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EU Passenger Car Sales Drop 21% in April
With the exception of the pandemic year in 2020, this was the weakest April result in terms of volumes sold since records began. Put another way, Russian roulette is a bad game. All major markets contributed to the region’s negative performance: Italy (-33.0%), France (-22.6%), Germany (-21.5%) and Spain (-12.1%), according to ACEA Continue reading
Tavares Out. Stellantis Back into ACEA!
Stellantis over his embrace of electric vehicles as the core of the global automaker’s strategy, Stellantis said it would rejoin the European Automobile Manufacturers’ Association** (aka ACEA at AutoInformed), the lobbying group of 15 major European automakers. Under Tavares, Stellantis resigned from ACEA, which has been advocating slow-walking fines for automakers that fail to meet intermediate carbon reduction targets set for 2025. Battery electric vehicles sales in the EU have been tanking this year. Continue reading →