New car registrations: -6.1% in September 2024; year-to-date battery-electric market sales -5.8%
In September 2024, new EU car registrations continued their downward trajectory (-6.1%) with negative results across three of the region’s four major markets: France (-11.1%) and Italy (-10.7%), with the German market declining by 7%. On the other hand, Spain experienced a healthy rebound (+6.3%).
Nine months into 2024, new car registrations remained stable (+0.6%) and almost reached 8 million units. Spain (+4.7%) and Italy (+2.1%) showed positive performances, while the French and the German car markets declined (-1.8% and ‑1%, respectively).
New EU car registrations by power source
While battery-electric cars accounted for 17.3% of the EU car market in September, up from 14.8% last year, the year-to-date volumes dropped by 5.8% with the total market share falling to 13.1% from 14% last year. Plug-in hybrid car registrations for September also declined by a sizeable 22.3%.
Electric cars
Registrations of battery-electric cars rose by 9.8% to 139,702 units in September 2024. However, year-to-date market volume was still 5.8% lower than the same period last year, with the total market share falling to 13.1% from 14%, driven by a substantial decrease in Germany (-28.6%).
Plug-in hybrid car registrations saw a decrease (-22.3%) last month, with declines recorded in all major markets. In September, plug-in hybrids accounted for 6.8% of the car market, down from 8.2% last year, with 54,889 units sold.
Hybrid-electric registrations grew in September, rising by 12.5%. The market share now stands at 32.8%, up from 27.4% in September 2023, surpassing petrol.
Petrol and diesel cars
In September 2024, petrol car sales dropped by 17.9%, with all four key markets recording double-digit declines: France (-31.9%), Italy (-23.3%), Germany (-15.2%), and Spain (‑10.7%). Petrol cars now represent 29.8% of the market, down from 34% in the same month last year. The diesel car market saw a decline of 23.5%, resulting in a 10.4% share of the market last September. Overall, decreases were observed in two-thirds of EU markets.
In September 2024, new EU car registrations continued their downward trajectory (-6.1%) with negative results across three of the region’s four major markets: France (-11.1%) and Italy (-10.7%), with the German market declining by 7%. On the other hand, Spain experienced a healthy rebound (+6.3%).
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About ACEA
- The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.x.com/ACEA_auto or www.linkedin.com/company/ACEA/.
Contact:
- Ben Kennard, Head of Communications, bk@acea.auto, +32 (0) 2 738 73 17
- Julien Hoez, Media Relations Manager, jh@acea.auto, +32 (0) 2 738 73 45
- Pedro Gomes Nogueira, Automotive Intelligence Manager, pgn@acea.auto, +32 (0) 2 738 73 55
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About the EU automobile industry
- 13.2 million Europeans work in the automotive sector
- 10.3% of all manufacturing jobs in the EU
- €383.7 billion in tax revenue for European governments
- €106.7 billion trade surplus for the European Union
- Over 7.5% of EU GDP generated by the auto industry
- €72.8 billion in R&D spending annually, 33% of EU total
