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Automotive Industry:Europe: Difference between revisions
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* Hybrid electric vehicles (HEVs) continued to grow in April, with sales up by 22.7% to 199,407 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. | * New petrol car registrations in the EU had another strong month in April, with sales increasing by 17.3%, reaching 306,757 units. | ||
=== 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.''' | |||
=== 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> | |||
== References == | == References == | ||