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GlobalData European Passenger Car Sales Update (February 2025)
2025/03/11
- Summary
- Commentary
Summary
- In February, the PV selling rate for Western Europe improved to 12.6 mn units/year, from 11.6 mn units/year in January. Despite the growth in selling rate, sales volumes were down 2.6% from last February.
- The automotive industry continues to face challenges due to a rapidly evolving geopolitical landscape. US President Donald Trump’s expected imposition of higher tariffs on European imports will have a direct impact on OEM strategy, as well as act as a drag on the health of the European economy and consumer affordability. In a region in which sales and overall economic growth remains stagnant, the EU commission is easing rules on emissions standards that had the potential to drag further on sales in 2025. Nonetheless, the market growth outlook remains limited.
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