Market share of car manufacturers in Europe 2024| ��ƽ��

Selected passenger car manufacturers' European market share between January and December 2024, based on new registrations

Characteristic	Share of total sales
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Release date

January 2025

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Region

Europe

Survey time period

January to December 2024

Supplementary notes

On January 16, 2021, PSA and FCA merged to form the automotive manufacturing corporation Stellantis N.V..

The figures refer to the countries within the EU-27 region, the UK, and the EFTA (including Iceland, Norway, and Switzerland); all values are ACEA estimations based on total by market.
The abbreviation ACEA stands for Association des Constructeurs Européens d'Automobiles.

Citation formats

The Volkswagen Group accounted for over ** of new car registrations in the European market between January and December 2024. That year, the automaker sold some *** million units, roughly *** million units more than the manufacturer's closest rival.

Stellantis becomes Europe's second largest auto manufacturer

Second-placed Stellantis comprises 14 brands, including Opel and Vauxhall, two brands previously owned by General Motors, in 2017. Stellantis was formed by the merger of FCA and PSA. Incentives offered by the French government fuelled demand in PSA's domestic market, France. However, the French market crumbled in Autumn 2020 and Germany remained as Europe's leading passenger car market. In May 2021, German manufacturers – Volkswagen and peer automakers Daimler and BMW – held just under ** percent of the European market.

European car sales collapsed during the pandemic

Between January and December 2020, passenger car sales in Europe decreased by about ** percent to roughly ** million units. Sales began to tank mid-March, amid the coronavirus pandemic in Europe. Year-on-year sales were still down ** percent in May 2020, but car sales began to bounce back as economies reopened. Month-on-month sales more than ** in May and continued on an upward trajectory in June. Sales were back to normal levels in September and October. Outbreaks of COVID-19 in the Autumn of 2020 prevented a positive end to the year for the automotive industry.