Passenger car registrations EU July 2023
Published: 30-08-2023
New car registrations: +15.2% in July, battery electric 13.6% market share
In July 2023 , the EU car market continued its growth trajectory, expanding by 15.2% –the twelfth consecutive month of growth. New car registrations reached 851,156 units as the bloc recovers from last year's component shortages. Most markets posted solid growth, including the four largest: France (+19.9%),Germany (+18.1%), Spain (+10.7%) and Italy (+8.7%).
From January to July 2023 , new EU car registrations grew significantly (+17.6%), totalling 6.3 million units. Despite indications of the European automotive industry's recovery from pandemic-related supply disruptions, year-to-date volumes are still 22% lower than in 2019. There were double-digit percentage gains in most markets during this seven-month period, including the four largest: Spain (+21.9%), Italy (+20.9%), France (+15.8%), and Germany (+13.6%).
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also at ACEM.auto