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=== February 2023 ===
=== August 2023 ===
[[File:Screenshot 2023-08-30 101452.png|alt=|center|thumb|590x590px|European Union New Passenger Car Registration <ref>https://tradingeconomics.com/european-union/car-registrations#:~:text=EU%20Car%20Registrations%20Rise%2018.5%25%20in%20May&text=Considering%20the%20first%20five%20months,5.7%20million%20units%20were%20registered.</ref>]]
[[File:Screenshot 2023-09-20 103245.png|center|thumb|683x683px|<ref>https://www.acea.auto/files/20230920_PRPC_2308_FINAL.pdf</ref>]]


* The European Automobile Manufacturers' Association data indicate that EU new car registrations rose 11.5% to 802,763 units in February.


* With a market share of 36.9%, new petrol cars grew 11.1% year-over-year in February.
In August 2023, the EU car market expanded by 21%, reaching 787,626 registered units, marking the thirteenth consecutive month of growth. Despite August typically being a slower month for car sales, double-digit gains indicate that the EU market is rebounding from last year’s component shortages


* With a market share of 12.1%, new Battery electric vehicles registrations grew 39.7% year-over-year in the month.
From January to August 2023, new EU car registrations grew substantially (+17.9%), totalling 7.1 million units. Despite this year-to-date improvement, the market trails the preCOVID-pandemic level of 9 million units sold in 2019.


* Meanwhile, new hybrid cars registrations grew 22.3% year-over-year in the month. Hybrid cars has 25.5% market share.
In August, the market share of battery-electric cars exceeded 20% for the first time (up from 11.6% in August last year), overtaking diesel for the second time this year and becoming the third-most-popular choice for new car buyers. Hybrid-electric cars held their position as buyers’ second choice, with a 24% market share. While petrol cars are still the most popular choice, market share decreased from 38.7% in August last year to 32.7%.


* Overall, new car registrations in Europe grew 11.4% year-over-year to 1.6M new cars in the first two months of 2023<ref>https://www.acea.auto/pc-registrations/passenger-car-registrations-11-5-in-february-battery-electric-12-1-market-share/</ref>.
'''Monthly'''
 
{| class="wikitable"
=== March 2023 ===
! rowspan="2" |
 
! colspan="3" |BATTERY ELECTRIC
* Passenger car registrations in the European Union surged 28.8% y/y to an over-three-year high of 1,087,939 units in March 2023, marking the eighth consecutive month of rise. However, the increase was largely due to the low base of comparison in 2022 during the semiconductor shortage crisis<ref>https://tradingeconomics.com/european-union/car-registrations</ref>
! colspan="3" |PLUG-IN HYBRID
* In the first quarter of 2023, the EU car market saw a substantial increase in new car registrations, with almost 2.7 million units sold. This marks a 17.9% increase compared to 2022<ref>https://www.acea.auto/pc-registrations/new-car-registrations-28-8-in-march-battery-electric-13-9-market-share/</ref>
! colspan="3" |HYBRID ELECTRIC
* March saw significant increases in the market share of hybrid cars to 24.3% and battery electric cars to 13.9%. Despite the shift to more sustainable models, petrol cars still retain the largest market share at 37.5%.
! colspan="3" |OTHERS
* EU witnessed a significant increase in new registrations of battery electric vehicles (BEVs), which surged by a massive 58% to reach 151,573 units. As a result, the cumulative number of units registered in the first quarter of 2023 rose by 43.2% to 320,987.
! colspan="3" |PETROL
* Hybrid electric vehicles (HEVs) had another strong month in March, with sales increasing by 38.1% to 264,694 units.  
! colspan="3" |DIESEL
* In March 2023, new registrations of petrol cars in the EU grew significantly (+29.9%). As a result, nearly 1 million petrol cars were sold in the first quarter of 2023, representing a 18.6% year-on-year increase.  
! colspan="3" |TOTAL
 
|-
=== April 2023 ===
!August
 
2023
* In April 2023, the EU car market saw a significant increase in passenger car registrations, with 803,188 units sold, marking a 17.2% growth from the previous year.<ref>https://www.acea.auto/files/20230517_PRPC_2304_FINAL.pdf</ref>
!August
* From January to April 2023, the EU car market grew by 17.8% to 3.5 million registered cars. Despite the year-on-year improvement, sales were still down by 22.8% compared to the same period in 2019.
2022
* In April, the market share of battery electric cars experienced a significant upturn, rising from 9.1% to 11.8%. While hybrids now represent 24.8% of the EU new car market, petrol cars continue to dominate with the largest share at 38.2%
!% change
* EU registrations of new battery electric cars recorded a significant increase (+51.9%), reaching 94,561 units.
23/22
* Hybrid electric vehicles (HEVs) continued to grow in April, with sales up by 22.7% to 199,407 units.
!August
* New petrol car registrations in the EU had another strong month in April, with sales increasing by 17.3%, reaching 306,757 units.
2023
 
!August
=== May 2023 ===
2022
 
!% change
* In May 2023, the EU car market saw a significant increase in passenger car registrations, with nearly 1 million units, marking a '''18.5% growth from the previous year.''' <ref>https://www.acea.auto/pc-registrations/new-car-registrations-18-5-in-may-battery-electric-13-8-market-share/</ref><ref>https://www.acea.auto/files/20230621_PRPC_2305_FINAL.pdf</ref>
23/22
* From '''January to May 2023, the EU car market grew by 18%, to 4.4 million registered cars.''' Although the market improved in May, year-to-date sales are '''still 23% lower compared to the same month in 2019,''' when 5.7 million units were registered.
!August
* New registrations of '''battery electric cars in the EU experienced a significant boost, rising by 70.9% to reach 129,847 units.''' This equates to a market share of 13.8%, and a four-percentage-point increase compared to May 2022.
2023
* '''Hybrid electric''' cars maintained their growth momentum, as '''sales increased by 27.6% to reach 234,380 units in May.'''
!August
* EU market for '''petrol cars grew by 12.6% to reach 342,806 units.''' Despite this, market share stood at 36.5%, nearly two percentage points less than in May 2022. '''EU diesel car market declined by 2.9% last month.'''
2022
 
!% change
=== June 2023 ===
23/22
 
!August
* EU car market grew by '''17.8% to 1 million registered units.''' This growth can be attributed to the region’s rebound from a low comparison base last year, primarily driven by vehicle component shortages.
2023
* '''In the first half of 2023, new EU car registrations increased significantly (+17.9%), reaching 5.4 million units.''' The recent months’ improvements indicate that the European automotive industry is recovering from supply disruptions caused by the pandemic. However, cumulative volumes are '''21% lower compared to 2019.'''
!August
* 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. This contributed to a '''year-to-date growth of 53.8%, with 703,586 units sold''' between January and June.
2022
* '''New hybrid-electric car registrations surged by 32.4% in June, reaching 254,100 units.''' Cumulatively, hybridelectric car sales recorded a remarkable '''27.9% increase from January to June, reaching nearly 1.4 million units''' and capturing 25% of the market.
!% change
* '''EU petrol car market grew 11%, totalling 379,067 units.''' However, the market share decreased to 36.3% from 38.5% in June 2022. '''Over 2 million petrol cars were sold in the EU in the first half of the year, a notable 15.9% increase''' compared to 2022.
23/22
* EU '''market for diesel cars continued to decline (-9.4%) last month.''' Diesel cars now represent a market share of 13.4%, down from 17.4% in June last year. <ref>https://www.acea.auto/files/PC_June_2023_2.png</ref>
!August
2023
!August
2022
!%  change
23/22
!August
2023
!August
2022
!% change
23/22
!August
2023
!August
2022
!% change
23/22
|-
|France
|19,657
|12,302
| +59.8
|9,527
|6,780
| +40.5
|27,166
|19,587
| +38.7
|4,290
|3,253
| +31.9
|42,743
|35,172
| +21.5
|10,216
|14,309
| -28.6
|113,599
|91,403
| +24.3
|-
|Germany
|86,649
|32,006
| +170.7
|14,552
|24,719
| -41.1
|55,844
|35,116
| +59.0
|1,106
|1,569
| -29.5
|75,598
|69,441
| +8.9
|39,668
|36,332
| +9.2
|273,417
|199,183
| +37.3
|-
|Italy
|4,055
|2,291
| +77.0
|3,328
|2,456
| +35.5
|27,213
|27,850
| -2.3
|7,909
|6,624
| +19.4
|24,002
|19,154
| +25.3
|13,220
|12,842
| +2.9
|79,727
|71,217
| +11.9
|-
|Spain
|3,583
|1,401
| +155.7
|3,362
|2,773
| +21.2
|18,876
|15,534
| +21.5
|1,584
|910
| +74.1
|21,876
|22,333
| -2.0
|6,676
|8,956
| -25.5
|55,957
|51,907
| +7.8
|-
|'''EUROPEAN UNION'''
|'''165,165'''
|'''75,739'''
|'''+118.1'''
|'''58,557'''
|'''55,492'''
|'''+5.5'''
|'''188,559'''
|'''146,170'''
|'''+29.0'''
|'''19,646'''
|'''16,855'''
|'''+16.6'''
|'''257,418'''
|'''252,019'''
|'''+2.1'''
|'''98,281'''
|'''104,531'''
|'''-6.0'''
|'''787,626'''
|'''650,806'''
|'''+21.0'''
|-
|EFTA
|14,239
|11,811
| +20.6
|2,560
|2,844
| -10.0
|5,971
|5,169
| +15.5
|1
|25
| -96.0
|6,241
|7,108
| -12.2
|2,214
|2,767
| -20.0
|31,226
|29,724
| +5.1
|-
|EU + EFTA + UK
|196,647
|97,556
| +101.6
|67,718
|62,220
| +8.8
|217,940
|170,200
| +28.0
|19,647
|16,880
| +16.4
|298,415
|290,779
| +2.6
|104,142
|111,753
| -6.8
|904,509
|749,388
| +20.7
|}
'''Year to Date'''
{| class="wikitable"
! rowspan="2" |
! colspan="3" |BATTERY ELECTRIC
! colspan="3" |PLUG-IN HYBRID
! colspan="3" |HYBRID ELECTRIC
! colspan="3" |OTHERS
! colspan="3" |PETROL
! colspan="3" |DIESEL
! colspan="3" |TOTAL
|-
!2023
!2022
!23/22
!2023
!2022
!23/22
!2023
!2022
!23/22
!2023
!2022
!23/22
!2023
!2022
!23/22
!2023
!2022
!23/22
!2023
!2022
!23/22
|-
|France
|174,443
|118,369
| +47.4
|100,747
|76,937
| +30.9
|265,156
|208,433
| +27.2
|46,278
|38,862
| +19.1
|429,095
|366,336
| +17.1
|116,602
|161,993
| -28.0
|1,132,321
|970,930
| +16.6
|-
|Germany
|355,575
|228,084
| +55.9
|107,962
|187,311
| -42.4
|433,060
|304,605
| +42.2
|10,633
|12,108
| -12.2
|671,407
|587,206
| +14.3
|334,927
|323,755
| +3.5
|1,913,564
|1,643,069
| +16.5
|-
|Italy
|40,814
|30,809
| +32.5
|47,526
|43,506
| +9.2
|366,133
|291,659
| +25.5
|94,864
|83,172
| +14.1
|295,144
|243,201
| +21.4
|195,292
|172,880
| +13.0
|1,039,773
|865,227
| +20.2
|-
|Spain
|30,882
|17,816
| +73.3
|40,186
|30,192
| +33.1
|196,956
|150,869
| +30.5
|15,515
|9,851
| +57.5
|275,430
|231,342
| +19.1
|83,611
|92,973
| -10.1
|642,580
|533,043
| +20.5
|-
|'''EUROPEAN UNION'''
|'''984,864'''
|'''605,482'''
|'''+62.7'''
|'''527,025'''
|'''516,653'''
|'''+2.0'''
|'''1,763,588'''
|'''1,371,386'''
|'''+28.6'''
|'''212,695'''
|'''181,208'''
|'''+17.4'''
|'''2,581,860'''
|'''2,285,479'''
|'''+13.0'''
|'''1,008,432'''
|'''1,041,611'''
|'''-3.2'''
|'''7,078,464'''
|'''6,001,819'''
|'''+17.9'''
|-
|EFTA
|106,838
|93,822
| +13.9
|21,493
|23,711
| -9.4
|51,829
|42,340
| +22.4
|66
|167
| -60.5
|59,150
|59,164
|0.0
|19,805
|22,496
| -12.0
|259,181
|241,700
| +7.2
|-
|EU + EFTA + UK
|1,284,920
|836,802
| +53.6
|628,976
|602,044
| +4.5
|2,183,763
|1,706,834
| +27.9
|212,761
|181,375
| +17.3
|3,131,496
|2,778,763
| +12.7
|1,075,027
|1,120,800
| -4.1
|8,516,943
|7,226,618
| +17.9
|}


=== July 2023 ===
=== July 2023 ===
Line 373: Line 745:
|16,867
|16,867
|12,736
|12,736
| +32.4
| +32.4
|13,230
|13,230
|7,349
|7,349
| +80.0
| +80.0
|32,877
|32,877
|24,764
|24,764
| +32.8
| +32.8
|5,109
|5,109
|3,453
|3,453
| +48.0
| +48.0
|48,370
|48,370
|41,558
|41,558
| +16.4
| +16.4
|12,493
|12,493
|17,687
|17,687
| -29.4
| -29.4
|128,946
|128,946
|107,547
|107,547
| +19.9
| +19.9
|-
|-
|Germany
|Germany
|48,682
|48,682
|28,815
|28,815
| +68.9
| +68.9
|14,345
|14,345
|23,712
|23,712
| -39.5
| -39.5
|53,138
|53,138
|36,250
|36,250
| +46.6
| +46.6
|1,258
|1,258
|1,654
|1,654
| -23.9
| -23.9
|83,358
|83,358
|74,094
|74,094
| +12.5
| +12.5
|42,496
|42,496
|41,386
|41,386
| +2.7
| +2.7
|243,277
|243,277
|205,911
|205,911
| +18.1
| +18.1
|-
|-
|Italy
|Italy
|4,091
|4,091
|3,576
|3,576
| +14.4
| +14.4
|5,283
|5,283
|4,896
|4,896
| +7.9
| +7.9
|42,414
|42,414
|36,352
|36,352
| +16.7
| +16.7
|11,802
|11,802
|9,370
|9,370
| +26.0
| +26.0
|34,484
|34,484
|33,085
|33,085
| +4.2
| +4.2
|21,072
|21,072
|22,338
|22,338
| -5.7
| -5.7
|119,146
|119,146
|109,617
|109,617
| +8.7
| +8.7
|-
|-
|Spain
|Spain
|3,404
|3,404
|2,080
|2,080
| +63.7
| +63.7
|5,180
|5,180
|3,630
|3,630
| +42.7
| +42.7
|26,243
|26,243
|20,056
|20,056
| +30.8
| +30.8
|2,299
|2,299
|1,218
|1,218
| +88.8
| +88.8
|34,428
|34,428
|34,080
|34,080
| +1.0
| +1.0
|9,651
|9,651
|12,314
|12,314
| -21.6
| -21.6
|81,205
|81,205
|73,378
|73,378
| +10.7
| +10.7
|-
|-
|'''EUROPEAN UNION'''
|'''EUROPEAN UNION'''
Line 488: Line 860:
|10,238
|10,238
|7,456
|7,456
| +37.3
| +37.3
|2,509
|2,509
|2,628
|2,628
| -4.5
| -4.5
|5,612
|5,612
|4,542
|4,542
| +23.6
| +23.6
|4
|4
|22
|22
| -81.8
| -81.8
|6,596
|6,596
|7,252
|7,252
| -9.0
| -9.0
|2,432
|2,432
|2,647
|2,647
| -8.1
| -8.1
|27,391
|27,391
|24,547
|24,547
| +11.6
| +11.6
|-
|-
|EU + EFTA + UK
|EU + EFTA + UK
|149,219
|149,219
|91,904
|91,904
| +62.4
| +62.4
|81,271
|81,271
|67,744
|67,744
| +20.0
| +20.0
|268,514
|268,514
|205,760
|205,760
| +30.5
| +30.5
|25,680
|25,680
|20,626
|20,626
| +24.5
| +24.5
|369,649
|369,649
|348,946
|348,946
| +5.9
| +5.9
|128,135
|128,135
|140,864
|140,864
| -9.0
| -9.0
|1,022,468
|1,022,468
|875,844
|875,844
| +16.7
| +16.7
|}
|}
'''Year to Date'''  
'''Year to Date'''  
Line 659: Line 1,031:
|'''819,725'''
|'''819,725'''
|'''529,744'''
|'''529,744'''
| '''+54.7'''
|'''+54.7'''
|'''468,460'''
|'''468,460'''
|'''461,161'''
|'''461,161'''
| '''+1.6'''
|'''+1.6'''
|'''1,574,741'''
|'''1,574,741'''
|'''1,225,216'''
|'''1,225,216'''
| '''+28.5'''
|'''+28.5'''
|'''193,149'''
|'''193,149'''
|'''164,352'''
|'''164,352'''
| '''+17.5'''
|'''+17.5'''
|'''2,324,910'''
|'''2,324,910'''
|'''2,033,650'''
|'''2,033,650'''
| '''+14.3'''
|'''+14.3'''
|'''909,864'''
|'''909,864'''
|'''936,888'''
|'''936,888'''
| '''-2.9'''
|'''-2.9'''
|'''6,290,849'''
|'''6,290,849'''
|'''5,351,011'''
|'''5,351,011'''
| '''+17.6'''
|'''+17.6'''
|-
|-
|'''EFTA'''
|'''EFTA'''
Line 725: Line 1,097:
|  +17.5
|  +17.5
|}
|}
[[File:Screenshot 2023-08-30 100755.png|alt=|center|thumb|545x545px|<ref>https://www.acea.auto/pc-registrations/new-car-registrations-15-2-in-july-battery-electric-13-6-market-share/</ref>]]
[[File:Screenshot 2023-08-30 101452.png|alt=|center|thumb|590x590px|European Union New Passenger Car Registration <ref>https://tradingeconomics.com/european-union/car-registrations#:~:text=EU%20Car%20Registrations%20Rise%2018.5%25%20in%20May&text=Considering%20the%20first%20five%20months,5.7%20million%20units%20were%20registered.</ref>]]
 
=== June 2023 ===
* EU car market grew by '''17.8% to 1 million registered units.''' This growth can be attributed to the region’s rebound from a low comparison base last year, primarily driven by vehicle component shortages.
*'''In the first half of 2023, new EU car registrations increased significantly (+17.9%), reaching 5.4 million units.''' The recent months’ improvements indicate that the European automotive industry is recovering from supply disruptions caused by the pandemic. However, cumulative volumes are '''21% lower compared to 2019.'''
* 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. 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 surged by 32.4% in June, reaching 254,100 units.''' Cumulatively, hybridelectric car sales recorded a remarkable '''27.9% increase from January to June, reaching nearly 1.4 million units''' and capturing 25% of the market.
*'''EU petrol car market grew 11%, totalling 379,067 units.''' However, the market share decreased to 36.3% from 38.5% in June 2022. '''Over 2 million petrol cars were sold in the EU in the first half of the year, a notable 15.9% increase''' compared to 2022.
* EU '''market for diesel cars continued to decline (-9.4%) last month.''' Diesel cars now represent a market share of 13.4%, down from 17.4% in June last year. <ref>https://www.acea.auto/files/PC_June_2023_2.png</ref>
 
=== May 2023 ===
* In May 2023, the EU car market saw a significant increase in passenger car registrations, with nearly 1 million units, marking a '''18.5% growth from the previous year.''' <ref>https://www.acea.auto/pc-registrations/new-car-registrations-18-5-in-may-battery-electric-13-8-market-share/</ref><ref>https://www.acea.auto/files/20230621_PRPC_2305_FINAL.pdf</ref>
* From '''January to May 2023, the EU car market grew by 18%, to 4.4 million registered cars.''' Although the market improved in May, year-to-date sales are '''still 23% lower compared to the same month in 2019,''' when 5.7 million units were registered.
* New registrations of '''battery electric cars in the EU experienced a significant boost, rising by 70.9% to reach 129,847 units.''' This equates to a market share of 13.8%, and a four-percentage-point increase compared to May 2022.
*'''Hybrid electric''' cars maintained their growth momentum, as '''sales increased by 27.6% to reach 234,380 units in May.'''
* EU market for '''petrol cars grew by 12.6% to reach 342,806 units.''' Despite this, market share stood at 36.5%, nearly two percentage points less than in May 2022. '''EU diesel car market declined by 2.9% last month.'''
 
=== April 2023 ===
* In April 2023, the EU car market saw a significant increase in passenger car registrations, with 803,188 units sold, marking a 17.2% growth from the previous year.<ref>https://www.acea.auto/files/20230517_PRPC_2304_FINAL.pdf</ref>
* From January to April 2023, the EU car market grew by 17.8% to 3.5 million registered cars. Despite the year-on-year improvement, sales were still down by 22.8% compared to the same period in 2019.
* In April, the market share of battery electric cars experienced a significant upturn, rising from 9.1% to 11.8%. While hybrids now represent 24.8% of the EU new car market, petrol cars continue to dominate with the largest share at 38.2%
* EU registrations of new battery electric cars recorded a significant increase (+51.9%), reaching 94,561 units.
* Hybrid electric vehicles (HEVs) continued to grow in April, with sales up by 22.7% to 199,407 units.
* New petrol car registrations in the EU had another strong month in April, with sales increasing by 17.3%, reaching 306,757 units.
 
=== March 2023 ===
* Passenger car registrations in the European Union surged 28.8% y/y to an over-three-year high of 1,087,939 units in March 2023, marking the eighth consecutive month of rise. However, the increase was largely due to the low base of comparison in 2022 during the semiconductor shortage crisis<ref>https://tradingeconomics.com/european-union/car-registrations</ref>
* In the first quarter of 2023, the EU car market saw a substantial increase in new car registrations, with almost 2.7 million units sold. This marks a 17.9% increase compared to 2022<ref>https://www.acea.auto/pc-registrations/new-car-registrations-28-8-in-march-battery-electric-13-9-market-share/</ref>
* March saw significant increases in the market share of hybrid cars to 24.3% and battery electric cars to 13.9%. Despite the shift to more sustainable models, petrol cars still retain the largest market share at 37.5%.
* EU witnessed a significant increase in new registrations of battery electric vehicles (BEVs), which surged by a massive 58% to reach 151,573 units. As a result, the cumulative number of units registered in the first quarter of 2023 rose by 43.2% to 320,987.
* Hybrid electric vehicles (HEVs) had another strong month in March, with sales increasing by 38.1% to 264,694 units.
* In March 2023, new registrations of petrol cars in the EU grew significantly (+29.9%). As a result, nearly 1 million petrol cars were sold in the first quarter of 2023, representing a 18.6% year-on-year increase.
 
=== February 2023 ===
* The European Automobile Manufacturers' Association data indicate that EU new car registrations rose 11.5% to 802,763 units in February.
 
* With a market share of 36.9%, new petrol cars grew 11.1% year-over-year in February.
 
* With a market share of 12.1%, new Battery electric vehicles registrations grew 39.7% year-over-year in the month.
 
* Meanwhile, new hybrid cars registrations grew 22.3% year-over-year in the month. Hybrid cars has 25.5% market share.
 
* Overall, new car registrations in Europe grew 11.4% year-over-year to 1.6M new cars in the first two months of 2023<ref>https://www.acea.auto/pc-registrations/passenger-car-registrations-11-5-in-february-battery-electric-12-1-market-share/</ref>.


=== Forecast ===
=== Forecast ===
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