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Tuesday, 21 January 2025

European car market: +5.1% in December, +0.8% in 2024

The year ended on a positive note for passenger car registrations in Europe. After a slowdown in November, growth resumed in the final month of the year, with a +5.1% increase, equivalent to 910,505 units sold.

There were significant differences among the major markets, with Spain showing strong growth (+28.8%) and France a more modest increase (+1.5%), while Germany (-7.1%) and Italy (-4.9%, with 105,786 registrations, about 5,400 fewer than in December 2023) saw declines.

Overall, in 2024, demand for new cars in Europe grew by 0.8%, reaching approximately 10.6 million units. Spain saw growth (+7.1%), whereas France (-3.2%) and Germany (-1.0%) experienced declines. Italy remained mostly stable, with a -0.5% change (1,559,229 units, nearly 8,000 fewer than the previous year).

In 2024, petrol vehicles remained the top choice (33.3%), followed by hybrids (30.9%), electric cars (13.6%), and diesel vehicles (11.9%).

Read the Acea report.

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