Sales of new passenger cars reached 1,066 thousand in June 2022 in the enlarged Europe, according to ACEA. This is 16.9%, or 216 thousand less than in the previous year. In the first six months of 2022, some 5,598 thousand cars were sold in Europe, down 13.7% yoy.
Volkswagen Group sold the most cars in June 2022 in Europe, some 256 thousand vehicles representing 24.0% of the European market. Sales of PSA Group amounted to 158 thousand vehicles (or 14.8% of the market) while Renault Group and Hyundai Group held 12.0% and 9.50% of the European market in June. Overall, the five largest manufacturers sold 67.1% of all new cars in June.
When compared to last year, has gained the most in terms of market share rising its market position by bp, followed by (up bp) and (up bp). were on the other end of the market spectrum dropping bp on the market alongside with (down bp) and ( bp):