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Who Sells the Most Cars in Europe?

Sales of passenger cars by manufacturer ('000)
October 20, 2023
Excel Sheet

Sales of new cars in Europe grew 20.8% in August 2023, according to ACEA Auto, while almost 18% more new cars have been sold in the first eight months of the year.

This is the thirteenth consecutive month of growth. On the negative side, the registrations of 7.1 mil new cars still means we are almost 2 mil short when compared to the pre-COVID-pandemic level in 2019.

More than 20% of new cars sold were battery-electric in August (up from 12% last year), while hybrid-electric cars held a 24% market share.

Volkswagen Group sold again the most cars in August 2023 in Europe, some 240 thousand vehicles representing 20.6% of the European market. Sales of Renault Group amounted to 79.5 thousand vehicles (or 8.80% of the market) while Hyundai Group and Toyota Motor Corporation held 8.50% and 7.10% of the European market in August.