YTD market share of selected car manufacturers in Europe 2020

The Volkswagen Group accounted for 25.8 percent of new car registrations in European markets between January and February 2019. The automaker sold some 5,000 units more year-to-date than the company's two closest rivals combined.

German and French carmakers dominate

Second-placed PSA Group is headquartered in Paris, France. Along with fellow French car manufacturer Renault, PSA has a strong presence Europe: The two French automakers account for a joint European auto market share of roughly 25.5 percent. PSA acquired GM's Opel and Vauxhall brands in 2017 and is to merge with FCA in 2020. At the same time, German manufacturers sold one in three passenger cars in the EU: Volkswagen and peer automakers Daimler and BMW held approximately 37 percent of the market.

Emissions tests spike sales

August 2018 saw a sharp increase in car registrations in the EU. Consumers hurried to buy new cars before new EU emissions regulations became active in September 2018. Some manufacturers anticipated higher costs due to the harsher standards and new testing procedures. This encouraged a wave of buyers in August who aimed to avoid higher prices in September. Consequently, September 2018 saw significantly lower registrations of new passenger cars in the EU. The European Union recorded about 15 million new-car registrations in 2018. Europe was one of the leading regional markets for passenger car sales in 2018. Between January and February 2020, passenger car sales in the European Union had decreased 7.4 percent to roughly two million units. The effects of the coronavirus pandemic in Europe are not yet visible, but sales are expected to tank in March.

Selected passenger car manufacturers' European market share between January and February 2020, based on new registrations

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Source

Release date

March 2020

Region

Europe

Survey time period

January to February 2020

Supplementary notes

PSA and FCA are expected to merge in 2020.

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

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Statistics on "PSA Group"

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