In September 2023, new car registrations increased by 9.2%, reaching 861,062 units, marking the EU car market’s fourteenth consecutive month of growth. Two of the EU’s largest markets saw substantial gains; Italy (+22.7%) and France (+10.7%). Germany’s market was relatively steady, with a tiny 0.1% drop compared to September 2022. In the first three quarters of 2023, the EU car market grew substantially (+16.9%), totalling eight million registered units.

Electric cars

In September 2023, EU battery-electric car registrations increased by 14.3%, reaching 127,149 units, or 14.8% of the market. Germany, the largest market, declined by a significant 28.6%, which may be linked to incentives for private buyers being reduced from September. However, notably positive performances in three other EU markets – the Netherlands (+70.8%), Sweden (+60.7%), and France (+34.2%) – offset Germany’s decline.

Petrol

In September 2023, the EU petrol car market increased by 5.5%, although its market share decreased from 35.3% to 34.1% compared to September last year. Sales growth in the largest bloc’s markets – Italy (+32.2 %), Germany (+9.1%), Spain (+3.2%), and France (+1.4%) – largely contributed to this result.

Diesel

The EU’s diesel car market continued to decline in September (-12.5%), despite growth in Germany (+4.6%), as sales in most of the bloc’s other markets retracted. Diesel cars now have a market share of 12.7%, down from 15.9% in September of the previous year.