Belgium May 2023: Dacia (+163.9%), Volvo (+97.8%) highlight splendid market (+42.5%)

Volvo sales almost double year-on-year in Belgium.

The Belgian new car market is up another 42.5% to 41,359 units, with the year-to-date tally now up 32.5% to 212,715. Brand leader BMW (+53.9%) even outraces the market to rise  to 11.2% share vs. 10.4% so far this year. Volkswagen (+43.4%) remains in 2nd place with 9.8% share vs. 8.8% YTD while Peugeot (+37.1%) is up two spots on April to round out the podium. Mercedes (+31.2%), Audi (+28.7%) and Toyota (+38.5%) follow but can’t catch up with the market growth. In contrast Dacia (+163.9%), Volvo (+97.8%) and Renault (+66.6%) shine in the remainder of the Top 10.

Previous month: Belgium April 2023: Skoda (+117.3%), Dacia (+99%) shine in market surging 40.4%

One year ago: Belgium May 2022: Toyota (+55.5%), Kia (+42.5%) ignore market down -43.2% on pre-pandemic

Full May 2023 Top 62 All brands ranking below.