US EditionEU car sales rise 10% in September; Tesla continues losing market share, BYD gains ground
6 Articles
6 Articles
After months of slump, the European car market is growing again. And German brands benefit most. But despite the upswing, the industry remains under pressure. A manufacturer is particularly affected.
Acea data, in the first nine months +1.5%. Stellantis, +11.5% (ANSA)
Bankinter Market Consensus Car sales increased in September +10% vs +5.3% above. Bankinter's analysis team opinion: It is the best data since April 2024. Among the increases, highlighted (a/a) Cupra (+48.4%), Stellantis (+11.5%), Skoda (+10.9%), Volkswagen (+9.6%), Citröen (+29.4%), Opel (+14.6%) or Alfa Romeo (+71.8%). Chinese brands again recorded a strong increase in sales such as motor SAIC (+75.5%) and ByD (+398%). On the negative side, hi…
The European car market is undergoing a gradual transformation: while sales were essentially stagnant in the first three quarters, a spectacular 10 percent jump in September indicated the impact of model updates. The trend is not about the breakthrough of purely electric cars, but about the rearrangement of the balance of powertrains – mild hybrids are gaining momentum, plug-in hybrids are gaining momentum, and petrol and diesel engines are incr…
EU car registrations up 10% in September, EV share at 16% of the market
According to the data provided by the Association of European Car Manufacturers (ACEA), new EU car registrations increased by 0.9% compared to the same nine months last year, marking the third consecutive month of growth. This recent momentum has been driven in part by the launch of new models, with September alone posting a strong 10% increase. The battery-electric car market share held steady at 16.1% YTD, still below the pace required at this…
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