Market Share of Volkswagen Brands in Europe

Sales of new passenger cars reached 1,015 thousand in November 2022 in the enlarged Europe, according to ACEA. This is 17.4%, or 151 thousand more than in the previous year. In the first eleven months of 2022, some 10,197 thousand cars were sold in Europe, down 5.81% yoy.

In November, most vehicles (261 thousand) were sold in Germany, followed by the United Kingdom (143 thousand), France with 134 thousand cars, 120 thousand new vehicles were registered in Italy and 73.2 thousand in Spain.

Volkswagen Group sold the most cars in November 2022 in Europe, some 254 thousand vehicles representing 25.1% of the European market. Sales of PSA Group amounted to 116 thousand vehicles (or 11.4% of the market) while Renault Group and Hyundai Group held 9.50% and 8.20% of the European market in November.

Volkswagen Group sold 254 thousand new passenger cars representing a 25.1% share of all new passenger cars sold in Europe in November 2022. This is 36.9% more vehicles and a 3.57 pp increase in market share when compared to last year. Looking back three years, VW's market share was 25.1%.

The Group sold 113 thousand of Volkswagen brand cars in November, followed by 60.3 thousand of Audis and 45.3 thousand of Skodas. Seat sold 27.3 thousand vehicles and Porsche some 8.58 thousand cars in November 2022.