The new car market in the EU grew by 14%, with electric vehicles surpassing the 1.5 million mark for the first time last year. Dacia achieved a record market share, where there was also a brand that almost doubled its sales. Which brands fell, and which were the leaders of growth?

New car registrations in the EU increased from 9.25 million units in 2022 to 10.5 million last year. The largest increase was observed in electricity: from 1.12 million to 1.53 million.

In automotive groups, Volkswagen occupies 26% of the market, Stellantis almost 18%, Renault. up to 11%. Among brands, Volkswagen occupies 10.9% of the market, Toyota – 6.5%, Renault – 6%, BMW – 5.6%. Dacia achieved a share of 4.9%, out of 519,000 vehicles delivered in the EU.

Which brands grew the most last year? Tesla Motors climbed 89% to 279,000 vehicles, while Suzuki climbed 43%. Alfa Romeo increased sales by 56%, as did Lexus, but these are brands with a market share of less than one percent.

Cupra sales increased by 36%, and Jeep – by 23%. Compared to 2022, Mazda increased volumes by 34%, and Smart – by 35%.

Among the mass brands, Skoda rose by 26% to 580,000 vehicles, with a similar percentage increase for Nissan (to 195,000).

Sales of which brands have decreased? Fiat and Citroen fell by 2-3%, and Ford – by 4.6%. Two smaller brands experienced significant declines: Mitsubishi (-25%) and Honda (-18%)

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