Light Utility Vehicle production in Europe increased by 12% in 2024
- Since 2005, the production volume of light utility vehicles (LUVs) in Europe 30 countries (EU + United Kingdom + Switzerland + Norway) has followed the sales curve of these vehicles on the continent, with a figure close to two million units in 2024, is comparable to the LUV market in Europe (+12.0% compared to 2023).
- We can therefore say that the volume of LUV exports is very close to the volume of imports, mainly from Turkey (Ford Transit, Transit Custom) which remains the country from which Europe imports the most LUVs (200,000 units in 2024) and from Thailand (most pick-ups, i.e. 80,000 units in 2024). Europe therefore exports nearly 300,000 LUVs to other regions of the world, which represents 15% of total European LUV production in 2024.
- Among the carmakers producing LUVs in Europe (there are only seven major LUV carmakers on this continent), the Stellantis group is the clear leader thanks to its Citroën, Peugeot, Opel and Fiat brands, with 40% of total LUV production in Europe in 2024, ahead of Renault (17% of production), Mercedes (12% of production), Volkswagen (11% of production), Ford (8% of production), Toyota (4% of production) and Nissan (3% of production).
- The European countries that produce the most LUVs are France (612,000 units in 2024), ahead of Spain (389,000 units), Poland (300,000 units), Italy (230,000 units), Germany (206,000 units) and England (105,000 units).