PZPM - ACEA - NEW PASSENGER CAR REGISTRATIONS, EUROPEAN UNION1 - January 2024

New car registrations: +12.1% in January 2024; battery electric 10.9% market share

In January 2024 , the EU new car market rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,689 units. Notably, the bloc’s major markets all saw significant growth, with Germany (+19.1%), Italy (+10.6%), France (+9.2%), and Spain (+7.3%) achieving either high single-digit or double-digit gains.

More information in reports below and Acea.auto