EU new car registrations: +6.7% in November

PRESS RELEASE
EU new car registrations: +6.7% in November
Published on

20 December 2023

In November 2023, the EU’s car market grew by a modest but reasonably robust 6.7%.

Despite a relatively low base of comparison, solid growth persisted, marking the sixteenth consecutive month of expansion.

NEW EU CAR REGISTRATIONS
NEW EU CAR REGISTRATIONSACEA

There were substantial double-digit gains in some markets, including two of the largest: Italy (+16.2%) and France (+14%). Conversely, the German car market retracted, recording a 5.7% decline compared to November 2022.

Eleven months into 2023, new car registrations increased by a significant 15.7%, reaching nearly ten million units. With the exception of Hungary, all EU markets grew during this eleven-month period.

The four largest markets notably contributed to this trend: Italy (+20%), Spain (+17.3%), France (+16.2%), and Germany (+11.4%).

New EU car registrations by power source

In November, the battery-electric car market share increased to 16.3%, a rise from 15% last year.

The year-to-date share now holds steady at 14.2%, consistently surpassing diesel, which remained at 13.7%.

Hybrid-electric cars were ranked second with a 27.4% market share, while petrol cars maintained their lead at 32.7%.

NEW EU CAR REGISTRATIONS BY POWER SOURCE
NEW EU CAR REGISTRATIONS BY POWER SOURCEACEA

Electric cars

In November 2023, EU registrations of new battery-electric cars surged by 16.4%, totalling 144,378 units.

Several markets contributed to this growth with double and triple-digit percentage gains, most notably Belgium (+150.2%), which is now the fifth-largest market by volume.

However, battery-electric car sales experienced a setback in Germany, declining by 22.5%.

Despite this, the year-to-date volume reached nearly 1.4 million units, reflecting a substantial 48.2% increase compared to the previous year, representing a 14.2% share of the EU car market in this period.

In November, new EU registrations of hybrid-electric cars surged by 28.7%, driven by double-digit growth in the three largest markets: Germany (+38.4%), France (+35.8%), and Italy (+30.2%).

This led to a cumulative 29.9% increase, reaching almost 2.5 million units sold as of November – over a quarter of the EU market share.

In contrast, sales of plug-in hybrid electric cars declined by 22.1% to 72,002 units last month.

Despite notable increases in Belgium (+43.8%) and France (+17.8%), these gains were insufficient to offset Germany’s substantial decline (-59.3%) – the largest market for this power source.

Consequently, the market share of plug-in hybrid cars fell from 11.1% last year to 8.1% in November this year.

Petrol and diesel cars

In November 2023, the EU petrol car market grew by 4.2%, despite a continual decline in market share, which stood at 32.7% last month.

Key markets like Italy (+20.2%) and Germany (+12.5%) saw significant sales increases, contributing to this overall growth.

This resulted in a cumulative volume of 3.5 million units sold, reflecting an 11.1% increase and a 35.7% market share over the eleven-month period.

Conversely, the EU’s diesel car market continued its downward trend in November, contracting by 10.3%.

Click the link below to read the full press release

EU new car registrations: +6.7% in November
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