In 2029, the European passenger car market revenue is projected to reach 497.7 billion euros, up from around the 428.5 billion euros estimated for 2023. The European car revenue is forecast to fluctuate across this period, reaching its highest value in 2025.
Projected passenger car revenue in Europe between 2015 and 2029
(in billion euros)
The Mobility Market Outlook provides information about passenger cars, including small, medium, executive, and luxury cars as well as SUVs, minivans, and sports cars. However, motorcycles, buses, trucks, large vans, and light utility vehicles are not included. The market's segmentation is based on several factors, including physical properties (weight, volume, wheelbase) and economic factors (pricing, status, etc.). All key figures shown represent the sales of new cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold.
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Statista. (October 1, 2024). Projected passenger car revenue in Europe between 2015 and 2029 (in billion euros) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/1413714/europe-forecast-passenger-car-revenue/?__sso_cookie_checker=failed
Statista. "Projected passenger car revenue in Europe between 2015 and 2029 (in billion euros)." Chart. October 1, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/1413714/europe-forecast-passenger-car-revenue/?__sso_cookie_checker=failed
Statista. (2024). Projected passenger car revenue in Europe between 2015 and 2029 (in billion euros). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/1413714/europe-forecast-passenger-car-revenue/?__sso_cookie_checker=failed
Statista. "Projected Passenger Car Revenue in Europe between 2015 and 2029 (in Billion Euros)." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/statistics/1413714/europe-forecast-passenger-car-revenue/?__sso_cookie_checker=failed
Statista, Projected passenger car revenue in Europe between 2015 and 2029 (in billion euros) Statista, https://www.statista.com/statistics/1413714/europe-forecast-passenger-car-revenue/?__sso_cookie_checker=failed (last visited February 19, 2025)
Projected passenger car revenue in Europe between 2015 and 2029 (in billion euros) [Graph], Statista, October 1, 2024. [Online]. Available: https://www.statista.com/statistics/1413714/europe-forecast-passenger-car-revenue/?__sso_cookie_checker=failed