The European passenger car market grew by 17.7% in the first half of 2023
- The European passenger car market (European Union + UK + Switzerland + Norway) grew by 17.7% in the first half of 2023, compared to the first half of 2022, with a volume of 6,578,944 passenger cars. We should logically reach 13 million units over the whole of 2023. This is a better figure than that recorded during the years 2020, 2021 and 2022, but which remains lower (from 17.5%) than during the 2019 year.
- By carmaker, the Volkswagen group (25.8% of the European market) keeps its leading position ahead of the Stellantis group (17.3% of the market) and the Renault-Nissan group (12.4% of the market). The Hyundai-Kia (8.7%), Toyota (6.8%), BMW (6.8%), Mercedes (5.4%) and Ford (4.2%) groups follow. Ford is becoming a small carmaker in Europe. The other small carmakers together represent 10% of the European market, led by Tesla (2.8%). All Chinese carmakers represent 2.4% over the period, slightly more than Volvo and twice as much as JLR (Tata group).
- BEVs represent 13.6% of the European passenger car market in the first half of 2023 (versus 10% over the same period in 2022), which is a lower figure than that recorded in China but better than that recorded in the United States.
- The best-selling model, all engines combined, is the Tesla Model Y (112,000 sales), which takes 1.7% of the European market, ahead of the Dacia Sandero (96,000 sales). The Volkswagen Golf (77,500 sales) is relegated to 7th place, behind the Volkswagen T-Roc and ahead of the Volkswagen Tiguan. The Tesla Model Y now accounts for 12.5% of BEV sales.