The European car market is continuing its recovery at a snail’s pace. A total of 887,491 new cars were registered last month, 2.1 percent more than a year earlier, as the European manufacturers’ association Acea announced in Brussels on Tuesday. In the first eleven months of the year, around 9.86 million cars were newly registered, 1.4 percent more than in the same period last year. Despite the recent positive development, total sales remain well below pre-pandemic levels, the association wrote.
Growth was particularly high in Spain, where more than a million cars have been sold since the beginning of the year. Germany achieved an increase of 0.7 percent. In Italy and France However, car sales declined.
VW in front, Tesla at the bottom
The most popular form of drive in the eleven-month period was the hybrid: more than one in three new cars has such a combined drive. Electric cars increased their share from 13.4 percent to 16.9 percent. Petrol and diesel cars, on the other hand, are losing favor with customers. Just 27 percent of new cars have a gasoline engine, compared to just over a third a year ago. Diesel sales were even worse, with only a 9 percent market share.
The manufacturers built it Volkswagen-Group further expanded its leading position in the first eleven months and sold 5 percent more cars from the brands Volkswagen, Audi, Škoda, Seat, Cupra or Porsche. Renault managed an increase of 6.5 percent, BMW sold 6.1 percent more cars. Stellantis with brands like Opel, Peugeot and Fiat, on the other hand, continued to fall and lost 5.5 percent. Hyundai, Toyota and Ford were also among the losers.
The TeslaSales fell by almost 39 percent and were only 130,000 cars. With 110,000 vehicles sold, Chinese rival BYD was only just behind the US electric car maker. On a monthly basis, Tesla sold around 34 percent fewer cars than in November 2024.