GlobalData European Passenger Car Sales Update (October 2024)

Summary

  • The Western Europe PV selling rate was 11.6 mn units/year in October, a moderate improvement from September. In year-on-year (YoY) terms, sales volumes were slightly down (-1.2%). Germany and Spain saw positive results, while France, the UK, and Italy reported weaker YoY results.
  • Year-to-date (YTD) sales remain broadly flat (+0.1%) in comparison to the previous year. Ongoing economic and political challenges in the region are hindering consumer confidence, and new vehicle sales continue to struggle. While monetary policy easing and new model activity are expected to provide some relief in the market in 2025, the prevailing headwinds are likely to continue to act as a drag on vehicle sales.

This report is for paid members only.

If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:

  • Market & Tech Reports
  • Global automotive production/sales
  • Launch schedule forecasts
  • Latest news on the automotive industry
  • Market share and supply information of 300 automotive parts (Who Supplies Whom)
  • MarkLines Customer Support

    9:00 a.m. - 5:30 p.m. Mon.-Fri. (excluding national holidays)
    japan Japan
    Nagata-cho, Chiyoda-ku, Tokyo, Japan
    +81-3-4241-3907
    USA USA
    Southfield, Michigan, USA
    +1-248-327-6987
    MEX Mexico
    León Guanajuato, Mexico
    +52-477-796-0560
    DEU Germany
    Frankfurt am Main, Germany
    +49-69–904-3870-0
    CHN China (Shanghai)
    Huangpu District, Shanghai, China
    +86-21-6212-6562
    CHN China (Shenzhen)
    Nanshan District, Shenzhen, Guangdong
    +86-755-2267-1725
    THA Thailand
    Klongtoey, Bangkok, Thailand
    +66-2-665-2840
    IND India
    Gurgaon, Haryana, India
    +91-124-4048779