Car industryCar market in the EU grows slightly in 2024
SDA
21.1.2025 - 08:47
New car registrations in the European Union grew overall last year - the picture shows new VW cars on a factory site in Zwickau. (archive image)
Keystone
New car registrations in the European Union increased slightly last year. In 2024, a good 10.6 million vehicles were sold in the EU, 0.8 percent more than in the previous year.
Keystone-SDA
21.01.2025, 08:47
21.01.2025, 11:04
SDA
This was announced by the European industry association Acea in Brussels on Tuesday. In December, new registrations increased by 5.1 percent to a good 910,000 units.
Battery electric cars once again took third place in 2024 with a market share of 13.6 percent. As demand for diesel vehicles fell to 11.9%, they were also able to widen the gap to fourth place. Petrol cars once again took first place with a share of one third. Hybrid electric cars were only just behind.
VW maintains the top spot
Overall, almost all major car markets in the EU recorded declines in 2024, although the extent of these remained manageable with the exception of France (minus 3.2%). Spain, on the other hand, recorded an increase in new registrations of 7.1%. In Germany, sales fell by 1 percent.
Last year, the Volkswagen Group maintained first place in the EU with an increase of 3.2 percent to just over 2.8 million vehicles sold. Stellantis (Peugeot, Fiat, Opel) was again in second place with a good 1.7 million cars, despite a fall of 7.2 percent. As in the previous year, the Renault Group was in third place with an increase of 1.9 percent to just under 1.2 million cars. BMW had to accept a drop of 0.6 percent, while the decline at Mercedes-Benz was as high as 2.6 percent.