Sales of Jaguar Land Rover Group Cars in Europe

Sales of new passenger cars reached 822 thousand in October 2022 in the enlarged Europe, according to ACEA. This is 2.88%, or 23.0 thousand more than in the previous year. In the first ten months of 2022, some 9,094 thousand cars were sold in Europe, down 8.72% yoy.

In October, most vehicles (209 thousand) were sold in Germany (up 16.8% yoy), followed by the United Kingdom (134 thousand, up 26.4%), France with 125 thousand cars (up 5.45%), 116 thousand new vehicles were registered in Italy (up 14.7%) and 66.0 thousand in Spain (up 11.7%). The five largest countries accounted for 71.0% of total new vehicles registered in October 2022.

Volkswagen Group sold the most cars in October 2022 in Europe, some 232 thousand vehicles representing 28.2% of the European market. Sales of PSA Group amounted to 117 thousand vehicles (or 14.2% of the market) while Renault Group and Hyundai Group held 10.1% and 10.0% of the European market in October. Overall, the five largest manufacturers sold 70.8% of all new cars in October.

Jaguar Land Rover Group sold 8.46 thousand new passenger cars representing a 1.03% share of all new passenger cars sold in Europe in October 2022. This is 9.97% more vehicles and a 0.066 pp increase in market share when compared to last year. Three years ago however, the market share of Jaguar Land Rover Group was 1.41%.

The group sold 7.24 thousand of Land Rovers in October, followed by 1.22 thousand of Jaguars.