Something Extra
In October, more new cars were registered in the European Union than in the same month last year. This and more is evident from figures from industry organization ACEA.
In October, 916,609 new passenger cars were registered in the European Union. That is 5.8 percent more than in the same month last year (866,117 units). It is the fourth consecutive month that European registration figures show a plus. If we add up the first ten months of this year, we arrive at 8,974,026 new passenger cars. That is 1.4 percent more than in the same period last year. Nevertheless, the figures remain behind compared to 2019, the last year before the corona pandemic.
Of all the cars that have already been registered in the European Union in the first 10 months of this year, 16.4 percent were fully electric. This involved a total of 1,473,447 units. In the first ten months of last year, that share was smaller: 14.3 percent. No less than 83.6 percent of all new passenger cars registered in the EU this year simply had combustion engines, whether electrified or not. The trend that the ‘traditional gasoline’ category is shrinking and the ‘hybrid’ category is growing continues. The fact that the diesel market is getting smaller and narrower is also evident now.
Car Brands: Risers and Fallers in October
Tesla regularly saw its monthly registrations in the European Union fall significantly lower this year than in the same month last year. In October, Tesla registered only 5,647 new cars in the EU, 48 percent less than in the same month last year. Over the first ten months of this year, Tesla remains 39.2 percent behind last year with 117,000 registrations. BYD continues to score. In October, it put 13,350 cars on the road in the EU, 195 percent more than in October last year. Over the first ten months of this year, BYD recorded 94,216 registrations (+240 percent). Whether it can still catch up with Tesla remains to be seen.
Other car brands that showed double- or even triple-digit growth in October include Skoda (+12.8 percent), Cupra +22.3 percent), Citroën (+39 percent), Fiat (+20.8 percent), Alfa Romeo (+41.5 percent), Lancia (+25.8 percent), Alpine (+155.7 percent), Mini (+34.6 percent), SAIC Motor (+56 percent) and Honda (+10.9 percent). There are also significant fallers: Porsche (-28 percent), DS (-24.2 percent), Toyota (-10.6 percent), Lexus (-12.6 percent), Mitsubishi (-47.9 percent) and – you wouldn’t expect it – Jaguar. Jaguar no longer sells new cars and therefore scored a full -100 percent in the registration figures.
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