Europe May 2024: Toyota (+8.3%), Skoda (+7.4%) solid, VW T-Roc and Golf in the lead

The VW T-Roc is the best-selling vehicle in Europe in May.

27/06 update: Now with Top 25 brands and models data (Source: JATO Dynamics)

Preliminary data from ACEA shows a European new car market (EU+EFTA+UK) off -2.6% year-on-year to 1,092,901 units. The year-to-date tally remains in positive however at +4.6% to 5,569,024. Among the main 5 markets, Spain (+3.4%) and the UK (+1.7%) gain ground whereas France (-2.9%), Germany (-4.3%) and Italy (-6.6%) skid. The best performing markets are Croatia (+19%), Romania (+14.7%), Poland (+13.2%), Greece (+6.2%), Hungary (+5.7%), Lithuania (+5.5%) and Denmark (+4%). Reversely Cyprus (-24%), Norway (-23.2%), Iceland (-22.1%), Finland (-17.5%) and Estonia (-16.8%) struggle mightily. Year-to-date, all major 5 markets are up, with the UK at +7.1%, Spain at +6.8%, Germany at +5.2%, France at +4.9% and Italy at +3.4%. Bulgaria (+37%), Croatia (+15%), Cyprus (+12.9%), Greece (+12.1%) and Malta (+11%) shine whereas Iceland (-38.2%), Estonia (-15.3%) and Norway (-14.2%) sink.

BEV sales drop significantly faster than the market at -10.8% and 151,968 units for a 13.9% share vs. 15.2% a year ago in May 2023. 29,708 BEVs were registered in Germany (-30.6%) for a 12.6% share, 26,031 in the UK (+6.2%) for a 17.6% share, 23,892 in France (+5.4%) for a 16.9% share, 10,418 in Belgium (+44.8%) for a 26.8% share, 9,681 in the Netherlands (-11.7%) for a 34.1% share and 7,893 in Norway (-26.7%) for a 77% share. Year-to-date, BEVs are up 2.1% to 745,269 and 13.4% share vs. 13.7% over the same period a year ago. The largest markets for BEVs are Germany at 140,13 (-15.9%), the UK at 133,062 (+9.7%), France at 128,565 (+22.9%) and Belgium at 50,690 (+47.1%). For May, PHEV sales are off -9.6% to 73,757 and 6.7% share vs. 7.3% a year ago, HEVs are up 15.4% to 332,772 and 30.4% share vs. 25.7%, petrol sales drop -6.3% to 384,753 and 35.2% share vs. 36.6% and diesel skids -11.4% to 126,445 and 11.6% share vs. 12.7%.

Toyota Yaris Cross

The Volkswagen Group (+1.8%) ignores the market slump to rise to 27.1% share vs. 25.5% so far this year. In contrast Stellantis (-8.7%) is hit hard. Renault-Nissan-Mitsubishi (-1.5%) contains its loss while Hyundai-Kia (-4.9%) loses share year-on-year. The Toyota Group (+8.2%) impresses. Brand-wise, Volkswagen (+2.8%) edges up to over 120,000 sales, keeping its YTD tally in positive also (+1.6%). Toyota (+8.3%) manages the largest gain in the Top 13 and consolidates its 2nd place overall with more than 75,000 units sold for the month. YTD Toyota sales are up a splendid 15.1%. BMW (-6.1%) is down on a particularly high year-ago base and cements its third position YTD. Skoda (+7.4%), Hyundai (+2%) and Renault (+0.8%)  are also up in the remainder of the Top 10 whereas Peugeot (-13.3%), Kia (-11.1%), Audi (-9.2%) and Mercedes (-6.6%) skid. Further down, Seat (+25.2%), Land Rover (+25.1%) and Volvo (+23.2%).

Over in the models ranking, Volkswagen trusts the two top spots, with the T-Roc (+11.2%) securing its first win since last July and the Golf (+29.7%) hot on its heels. The T-Roc now ranks #5 year-to-date, still below the #3 it held over the Full Year 2023 while the Golf stays at #2 with sales up 48.1% on the first five months of 2023. Still comfortable leader year-to-date, the Dacia Sandero (-11.1%) drops to #3 for the month ahead of three nameplates in positive: the Renault Clio (+4.9%), Skoda Octavia (+6.4%) and Peugeot 2008 (+7.6%), the latter reaching its highest ranking since last October at #6. #3 so far this year, the Peugeot 208 (-14.6%) is down to #7 for the month ile the Opel Corsa (-11.6%) rallies back up 10 spots on April to #8 but falls year-on-year. The Citroen C3 (+68.6%) continues to be rushed by last minute sales.

Previous month: Europe April 2024: Volvo, Toyota, Suzuki shine in market up 12%

One year ago: Europe May 2023: BMW up to #2, Audi and Renault impress in market up 18.2%, Sandero #1

Full May 2024 Top 10 groups, Top 25 brands and Top 25 models below.

Europe May 2024 – groups (Source ACEA):

Pos Group May-24 /23 Apr 2024 /23 Pos FY23
1 Volkswagen Group 296,446 + 1.8% 1 1,420,858 + 3.2% 1 1
2 Stellantis 173,969 – 8.7% 2 938,744 + 0.5% 2 2
3 Renault-Nissan-Mitsubishi 133,042 – 1.5% 3 706,568 + 8.2% 3 3
4 Hyundai-Kia 92,196 – 4.9% 4 461,758 – 1.5% 4 4
5 Toyota Group 81,175 + 8.2% 5 427,918 + 16.3% 5 6
6 BMW Group 74,318 – 12.7% 6 384,202 + 6.2% 6 5
7 Mercedes 55,412 + 0.2% 7 282,529 – 0.4% 7 7
8 Ford Motor 35,272 – 21.6% 8 188,021 – 16.4% 8 8
9 Volvo 34,101 + 26.4% 9 160,145 + 35.5% 9 10
10 SAIC Motor 20,992 + 5.2% n/a 97,251 + 21.6% 11 n/a

Europe May 2024 – brands (Source JATO Dynamics):

Pos Brand May-24 /23 Apr 2024 /23 Pos FY23
1 Volkswagen 120,742 + 2.8% 1 564,892 + 1.6% 1 1
2 Toyota 73,898 + 8.3% 2 394,284 + 15.1% 2 2
3 BMW 65,371 – 6.1% 3 326,943 + 14.3% 3 4
4 Renault   62,415 + 0.8% 5 280,429 + 2.6% 7 6
5 Skoda 62,076 + 7.4% 4 307,227 + 10.8% 4 7
6 Audi 59,401 – 9.2% 7 279,905 – 7.5% 8 3
7 Mercedes 57,163 – 6.6% 6 292,619 + 1.2% 5 5
8 Peugeot 53,237 – 13.3% 8 288,837 – 1.0% 6 8
9 Hyundai 45,829 + 2.0% 10 226,302 + 4.7% 11 12
10 Kia 44,756 – 11.1% 11 229,217 – 1.3% 10 9
11 Dacia 43,063 – 9.3% 9 241,723 + 2.0% 9 11
12 Ford   38,442 – 20.2% 12 201,872 – 15.8% 12 10
13 Opel/Vauxhall 37,361 – 7.9% 15 189,700 – 2.1% 13 13
14 Volvo 33,098 + 23.2% 13 158,982 + 35.3% 15 18
15 Citroën 32,178 + 6.4% 14 179,027 + 11.6% 14 15
16 Fiat 26,876 – 12.8% 16 153,827 – 5.3% 16 14
17 Seat 25,728 + 25.2% 17 121,658 + 11.7% 18 19
18 Nissan 21,881 + 7.2% 18 144,993 + 19.9% 17 17
19 MG 21,075 + 6.9% 21 96,723 + 21.9% 20 20
20 Tesla 19,558 – 33.4% 22 119,057 – 13.1% 19 16
21 Cupra 19,444 + 8.1% 20 85,559 + 17.2% 22 21
22 Suzuki 17,047 + 5.2% 19 93,860 + 27.4% 21 22
23 Mazda 15,321 + 14.7% 23 73,796 – 2.0% 23 24
24 Jeep 11,649 + 5.6% 24 58,677 + 13.4% 24 25
25 Land Rover 9,590 + 25.1% 26 52,838 + 15.2% 26 26

Europe May 2024 – models:

Pos Model May-24 /23 Apr 2024 /23 Pos FY23
1 VW T-Roc 20,387 + 11.2% 4 89,272 – 1.1% 5 3
2 VW Golf 20,000 + 29.7% 2 106,002 + 48.1% 2 7
3 Dacia Sandero 19,332 – 11.1% 1 116,990 + 16.3% 1 2
4 Renault Clio 18,963 + 4.9% 3 91,199 + 17.0% 4 4
5 Skoda Octavia 16,149 + 6.4% 7 85,694 + 29.5% 6 11
6 Peugeot 2008 15,976 + 7.6% 13 76,555 + 13.1% 11 13
7 Peugeot 208 15,497 – 14.6% 5 91,667 + 5.9% 3 5
8 Opel/Vauxhall Corsa 15,393 – 11.6% 18 70,718 – 19.0% 15 6
9 Citroen C3 15,291 + 68.6% 9 84,753 + 50.8% 7 18
10 Toyota Yaris Cross 14,941 + 5.7% 11 81,047 + 0.1% 8 8
11 Kia Sportage 14,822 + 12.0% 21 71,981 + 13.8% 13 17
12 Toyota Yaris 14,582 – 7.4% 6 77,040 + 13.8% 10 15
13 Dacia Duster 13,810 + 5.7% 12 69,685 – 2.5% 16 16
14 Ford Puma 13,084 – 9.6% 10 72,193 + 18.7% 12 12
15 VW Tiguan 13,051 + 3.0% 8 71,796 – 2.4% 14 9
16 Renault Captur 12,902 – 6.3% 17 62,719 + 3.8% 20 19
17 Hyundai Tucson 12,805 – 6.6% 14 66,587 – 0.5% 18 14
18 Tesla Model Y 11,662 – 45.8% 27 79,163 – 23.7% 9 1
19 Audi A3 11,062 – 4.9% 20 58,612 + 20.7% 22 23
20 Fiat Panda 10,989 + 21.6% 15 63,342 + 22.6% 19 25
21 Toyota Corolla 10,608 – 3.7% 19 59,457 + 18.6% 21 22
22 VW Polo 10,607 + 3.3% 22 52,017 + 3.6% 23 21
23 VW T-Cross 10,541 + 17.2% 16 49,532 + 1.8% 25 28
24 Nissan Qashqai 10,069 – 2.7% 23 69,328 + 14.9% 17 20
25 Toyota C-HR 9,537 + 15.2% 34 47,547 – 5.0% 26 30

Source: ACEA

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