The car market in the European Union started the new year with significant growth. According to the manufacturers’ association ACEA, almost 852,000 new cars were registered in January, 12 percent more than in the same month last year. All major individual markets have grown, ACEA said on Tuesday. This pointed Germany at 19 percent, a stronger increase than Italy, France and Spain.
This was partly due to a statistical base effect, as the comparable month of January 2023 was weak following a cut in e-car funding in this country. There has been no purchase premium at all since the end of 2023, which is why electric car sales in Germany grew significantly slower than in the neighboring countries of France. Belgium and Netherlands.
The share of new battery-electric cars climbed by 1.5 percentage points to just under 11 percent, but was well below the 2023 annual figure of 14.6 percent. The market share of combustion cars fell by 4 percentage points to 50 percent. Combinations of gasoline or diesel engines with electric drives made up the majority of the rest: almost 29 percent of the new cars had integrated hybrid drives, and almost 8 percent were plug-in hybrids that could be charged externally with electricity.
The Volkswagen-Group maintained its position as market leader in the EU in January with a share of around 26 percent. He improved to second place Opel-Parent company Stellantis slightly to 19 percent. The French competitor Renault Group At 86,000 units, 3 percent fewer vehicles were released.
Built by the German premium manufacturers BMW market share increased by one percentage point to just under 6 percent, while Mercedes-Benz lost the same amount to around 4 percent.