The European Automobile Manufacturers Association (ACEA) has released the preliminary results of the European market (EU, European Free Trade Association and UK) as of October 2023.

General Market Performance

  • Overall Market Growth: 14.1% year-on-year increase; total units sold: 1,039,253.
  • Comparison to Pre-Pandemic Levels: -14.5% compared to October 2019 (1.214.989 units).
  • Year-to-Date Growth: 16.7% increase; total units sold in 2023: 10,722,930.

Battery Electric Vehicle (BEV) Sales

  • Overall BEV Growth: 30.1% year-on-year increase; total BEV units sold: 158,439.

BEV Market Share by Country:

  • Germany: 17.1%
  • France: 16.7%
  • UK: 15.6%
  • Spain: 6.5%
  • Italy: 4.1%

Top Performing Countries in October

  • France: +21.9%
  • Italy: +20%
  • Spain: +18.1%
  • UK: +14.3%
  • Germany: +4.9%
  • Other notable performers: Greece (+44.8%), Cyprus (+41.4%), Poland (+27.8%), Belgium (+26.6%), Croatia (+22.7%)

Group Rankings

  • VW Group: +10.4%
  • Stellantis: +10.8%
  • Renault-Nissan-Mitsubishi: +21.2%
  • Hyundai-Kia: +9.3%
  • BMW Group: +17%
  • Toyota Group: +10%
  • SAIC Motor (including MG): +59.7%

Brand Performance

  • Volkswagen: -5.3% (only Top 10 brand with a drop)
  • Toyota: +7.6%
  • Audi: +19.2%
  • BMW: +18.8%
  • Renault: +17.8%
  • Skoda: +18.8%
  • Dacia: +33.5%

Outstanding Performers:

  • Tesla: +209.9%
  • Suzuki: +68.2%
  • MG: +59.7%
  • Jeep: +59%
  • Cupra: +42%

Europe October 2023 – Top 10 groups

Pos Group Oct-23 /22
1 Volkswagen Group 257,526 + 10.4%
2 Stellantis 180,327 + 10.8%
3 Renault-Nissan-Mitsubishi 128,993 + 21.2%
4 Hyundai-Kia 89,551 + 9.3%
5 BMW Group 75,979 + 17.0%
6 Toyota Group 74,964 + 10.0%
7 Mercedes 56,377 + 11.8%
8 Ford Motor 41,263 – 12.2%
9 Volvo 24,742 + 11.2%
10 SAIC Motor (est) 19,184 + 59.7%

Europe October 2023 – Top 10 brands

Pos Brand Oct-23 /22
1 Volkswagen 97,132 – 5.3%
2 Toyota 70,026 + 7.6%
3 Audi 62,754 + 19.2%
4 BMW 60,920 + 18.8%
5 Renault 56,629 + 17.8%
6 Mercedes 53,872 + 9.9%
7 Skoda 53,850 + 18.8%
8 Peugeot 52,017 + 5.3%
9 Kia 46,328 + 9.2%
10 Dacia 46,222 + 33.5%

Source: Bestsellingcarsblog

Евгений Ушаков
Evgenii Ushakov
15 years driving