Institutional Sign In

Go

Sales of Volvo Cars in Europe

Number of Cars Sold (thousands) & Market Share (%)
Automotive | European Union | November 18, 2022
$2.99
Excel Sheet

Follow us for the latest automotive news.

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.

Volvo sold 22.1 thousand new passenger cars representing a 2.69% share of all new passenger cars sold in Europe in October 2022. This is 1.87% more vehicles and a 0.027 pp decrease in market share when compared to last year. Compared to three years ago, Volvo's market share is now 0.355 pp higher.

Sales of VOLVO Unit Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 Jan 2022 Feb 2022 Mar 2022 Apr 2022 May 2022 Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022
Canada thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
China thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
European Union thousand 19.0 19.1 15.2 16.5 10.7
Germany thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
India thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Japan thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Mexico thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Russia thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
South Korea thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
USA thousand ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...

Related Indicators