Sales of new cars decreased by 359 thousand in June compared to last year. In the first six months of the year, the decline reached 39.4% yoy . The smallest decline was seen in France (1.23%) while sales in Portugal dropped the most (-56.2%). Volkswagen Group sold the most cars in June 2020 in Europe, some 272 thousand vehicles representing 24.1% of the European market.
In June 2020, registrations of new passenger cars in the EU totalled 949,722 units, a drop of 22.3% compared to the same month last year, when 1,222,942 cars were sold. However, this does mark a slight improvement over May 2020, which saw a drop of 52.3% across the EU. Although dealerships opened for business again after lockdown measures were lifted, consumer demand did not fully recover last month.
In June, most vehicles (234 thousand) were sold in France (up 1.23% yoy), followed by Germany (220 thousand, down 32.3%), the United Kingdom with 145 thousand cars (down 34.9%), 132 thousand new vehicles were registered in Italy (down 22.8%) and 82.7 thousand in Spain (down 36.7%). The five largest countries accounted for 64.7% of total new vehicles registered in June 2020.
In relative terms, sales in France (+1.23%) and Belgium (-1.80%) declined the least compared to a year ago, whereas registration in Portugal and Croatia dropped the most (-56.2% and -49.4% yoy), in June 2020, according to ACEA.
Volkswagen Group sold the most cars in June 2020 in Europe, some 272 thousand vehicles representing 24.1% of the European market. Sales of PSA Group amounted to 168 thousand vehicles (or 14.8% of the market) while Renault Group and BMW Group held 13.8% and 6.60% of the European market in June. Overall, the five largest manufacturers sold 65.5% of all new cars in June.
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