PZPM - ACEA - NEW PASSENGER CAR REGISTRATIONS, EUROPEAN UNION1 - May'2023
New car registrations: +18.5% in May, battery electric 13.8% market share
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. This is the tenth consecutive month of growth. All the EU’s four largest markets grew, with the strongest gains in Italy (+23.1%), Germany (+19.2%), and France (+14.8%).
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. In this five-month period, there were double-digit gains in most markets, including the four largest: Spain (+26.9%), Italy (+26.1%), France (+16.3%), and Germany (+10.2%).
More information in reports below and Acea.auto
