The car market in the European Union (EU) grew again in October. A total of 916,609 new cars were registered last month, 5.8 percent more than a year earlier, as the European manufacturers’ association Acea announced on Tuesday in Brussels.
In the first ten months of the year, around 8.97 million cars were newly registered, 1.4 percent more than in the same period last year. However, the level from before the corona pandemic is still far away, the association wrote.
The share of purely electric cars grew from 13.2 to 16.4 percent over a ten-month period. This puts electric cars in third place after hybrid cars with a good third of the market share and gasoline vehicles with a good quarter. The diesel market, on the other hand, collapsed by almost a quarter, and diesel cars only have a market share of around 9 percent.
Electric car pioneer can benefit from the increase in electric cars Tesla not benefit: Sales collapsed again in October. Tesla had 5,647 newly registered cars in the EU last month, which was 48 percent less than in October 2024. Sales have shrunk by 39 percent over the course of the year so far.
The remains the undisputed market leader in the EU Volkswagen-Group, whose brands grew by a total of 7.9 percent in October. The sports car manufacturer Porsche from the VW Group, however, fell by 28 percent. From the brands of BMW-Group registered 8.7 percent more cars and Mercedes-Benz registered 2.0 percent more. The Stellantis Group with brands like Peugeot, Citroen, Fiat and Opel came to an increase of 6.6 percent.