Sales of new cars decreased by 163 thousand in November compared to last year. In the first eleven months of the year, the decline reached 26.1% yoy . The smallest decline was seen in Norway (24.9%) while sales in Bulgaria dropped the most (-45.2%). Volkswagen Group sold the most cars in November 2020 in Europe, some 269 thousand vehicles representing 25.7% of the European market.
In November, new car registrations in the European Union fell by 12.0% to 897,692 units, as several European governments introduced new measures to contain the second wave of the COVID‑19 pandemic. As a result, the EU’s four key passenger car markets all posted declines last month. France and Spain suffered double-digit drops (down 27.0% and 18.7% respectively), followed by Italy with a more modest decline (-8.3%). German losses were limited to just -3.0%.
In November, most vehicles (290 thousand) were sold in Germany (down 3.00% yoy), followed by Italy (138 thousand, down 8.09%), France with 126 thousand cars (down 27.0%), 114 thousand new vehicles were registered in the United Kingdom (down 27.4%) and 75.7 thousand in Spain (down 18.7%). The five largest countries accounted for 63.8% of total new vehicles registered in November 2020.
In relative terms, sales in Norway (+24.9%) and Ireland (+20.3%) declined the least compared to a year ago, whereas registration in Bulgaria and Slovenia dropped the most (-45.2% and -30.9% yoy), in November 2020, according to ACEA.
Volkswagen Group sold the most cars in November 2020 in Europe, some 269 thousand vehicles representing 25.7% of the European market. Sales of PSA Group amounted to 152 thousand vehicles (or 14.5% of the market) while Renault Group and BMW Group held 10.0% and 7.60% of the European market in November. Overall, the five largest manufacturers sold 64.1% of all new cars in November.