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