Cars, Europe loses 4.2 % of registrations in September
Since the beginning of the year, the market has grown by 1% over 2023 - Stellantis does worse than the market and loses 26% of volume, reducing its market share by one point
3' min read
Key points
3' min read
Second month in a row of declining registrations in Europe (EU plus EFTA and UK), with 1.118,083 cars registered and a contraction of 4.2 % compared to September 2023, after an even worse month of August with a drop of 16.5 %. In September, therefore, there was a recovery thanks to sales of electric cars, which recovered some of the slump recorded in August (-36%), mainly thanks to the performance recorded in the Anglo-Saxon market.
1% growth in EU in first 9 months
The final balance for the first nine months of the year in the area as a whole closed with 9 million 779,605 registrations and a growth of 1% compared to 2023 and a gap of 20% compared to pre-Covid volumes. As Centro Studi Promotor points out, the most important market, Germany, recorded a 7% drop in September, while in the other four major markets, the worst result was recorded by France (-11.1%), followed by Italy (-10.7%), while the United Kingdom (+1%) and Spain (+6.3%) closed on a positive note, thanks to incentivised sales of electric cars.
Full electric models are advancing
.Full electric models gained ground in the month, recovering 13.9% in volume, while registrations are down 2.6% since the start of the year compared to January-September 2023. In this context, the heavy result of Stellantis emerges, which as a Group loses 26% of registrations, with Citroen and Fiat doing even worse and reducing volumes by more than 40%, alongside Lancia, which drops from three thousand to one thousand registrations in the area. The performance in the month contributes to the Group's negative trend since the beginning of the year, with registrations down 6% since the beginning of the year and market share down from 17% to 15.9%.
Volkswagen and Renault in line by 2023
Among the big players, Volkswagen and Renault remained in balance, keeping volumes in line with last year (+1.2 and +1.4% respectively) thanks mainly to the positive contribution of Seat and Skoda. It is the Toyota Group that achieved the most important result among the various players, with almost 4% more registrations in the month and +12.3% since the beginning of the year, and a market share that has risen to 7.7%.
ACEA's demands
.Acea, the Association of Automobile Manufacturers, has asked Europe for 'urgent relief measures before the new CO2 targets for cars and vans come into force in 2025'. In addition, the manufacturers urge 'the European Commission to bring forward the revisions of the CO2 regulations for light and heavy duty vehicles, currently scheduled for 2026 and 2027 respectively, to 2025'. The aim is to try to politically reopen the discussion on stopping endothermic engines to 2035.
