PZPM - ACEA - NEW PASSENGER CAR REGISTRATIONS, EUROPEAN UNION1 - June'2023
New car registrations: +17.8% in June, battery electric 15.1% market share
In June 2023
, the 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. Except for Hungary (-1.4%), all the EU markets grew, including the four largest: Germany (+24.8%), Spain (+13.3%), France (+11.5%), and Italy (+9.1%).
In the first half of 2023
, new EU car registrations increased significantly (+17.9%), reaching 5.4 million units. The recent month’s 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. Most of the region’s markets grew significantly in the first six months of 2023, including the four largest ones: Spain (+24.0%), Italy (+22.8%), France (+15.3%), and Germany (+12.8%).
More information in reports below and Acea.auto
