Europe September 2024: Market off -4.2%, BEVs up 13.9%
The VW Tiguan hits a best ever 2nd place thanks to the new generation.
Initial data by ACEA has the European new car market (EU+EFTA+UK) down -4.2% year-on-year in September to 1,118,083 units. The year-to-date result remains in positive for now at +1% to 9,779,605. We remain -19% below the same period in pre-pandemic 2019. Among the Top 5 markets, Spain (+6.3%) and the UK (+1%) are in positive but Germany (-7%), Italy (-10.7%) and France (-11.1%) struggle. Great performers in September include Malta (+55.3%), Norway (+25.4%), Estonia (+22.6%), Lithuania (+14.5%), Croatia (+12.4%) and Slovenia (+10.1%) while at the other end of the ladder Iceland (-50.6%), Finland (-38.5%), Belgium (-18.6%) and Greece (-15.3%) sink.
Ending fears of a slowdown, BEVs rally back up 13.9% year-on-year to 213,443 and 19.1% share vs. 16% a year ago in September 2023. Year-to-date BEV sales are off -2.6% to 1,433,225 and 14.7% share vs. 15.2% over the same period in 2023. PHEV sales recede -11.7% to 81,321 for the month, HEVs are up 12.3% to 377,168, petrol falls -18.8% to 329,207 and diesel implodes -23.8% to 93,304. Looking at BEV sales by country, the UK (+24.4% to 56,387) is the biggest market, followed by Germany (+8.7% to 34,479), France (-6.3% to 28,266), Norway (+38.8% to 12,495), the Netherlands (+20.6% to 12,461), Belgium (+32.8% to 12,142) and Sweden (-7.7% to 11,535).
Based on ACEA data, the Volkswagen Group manages a +1% uptick to 25.8% share vs. 24.5% a year ago, but the event of the month is Stellantis freefalling -26% to just 13.3% share vs. 17.2% in September 2023 and 15.9% year-to-date. Renault-Nissan-Mitsubishi edges down -4.6% and Hyundai-Kia is down a similar -4.9%. The Toyota Group (+3.6%) and BMW Group (+5.1%) defy the negative market with solid lifts. JATO Dynamics has Volkswagen stable over the month (+0.3%), distancing Toyota (+3%) and a surging Skoda (+20.4%) which repeats at a record-breaking third place. BMW advances 5.5% to stay at #4 above Mercedes (-4.9%) and Renault (+2.5%). Hyundai (+3.6%) is back inside the Top 10 at #10, with Tesla (+30.9%), Volvo (+23.9%) and Land Rover (+14.3%) standing out in the remainder of the Top 25.
Model-wise, the Tesla Model Y (-1.5%) limits its fall to snap its second monthly win of the year after last March, with an almost 8,000 sale-margin over the #2. Leader over the Full Year 2023, the Model Y is climbing up the 2024 YTD charts, up two spots to #5 after 9 months. The VW Tiguan (+28.6%) celebrates its first German pole position with a 2nd spot in the European charts vs. #8 so far this year. It’s the fourth time the Tiguan reaches a best ever #2 and first time in almost 5 years after July, October and November 2019. The Renault Clio (+3.1%) is up two spots on last month to #3, a ranking it now also holds year-to-date, having passed the VW T-Roc (-24.5%). The Dacia Sandero (-1.6%) falls to 4th place but remains the overall best-seller so far in 2024. The Kia Sportage (+14.3%) is back up 6 ranks on last month to a record #5, also hit last July. The Toyota Yaris Cross (+15.8%) and VW Polo (+12%) also shine in the remainder of the Top 10. Just outside, the Tesla Model 3 soars 314% year-on-year to #11.
Previous month: Europe August 2024: Skoda (#3), Volvo (+33.3%) shine, sales off -16.5%
One year ago: Europe September 2023: MG (+90.7%), Jeep (+127.1%) euphoric in market up 11.1%
Full September 2024 Top 10 groups, Top 25 brands and Top 25 models below.
Europe September 2024 – groups (Source: ACEA):
Pos | Group | Sep-24 | /23 | 2024 | /23 | Pos | FY23 |
1 | Volkswagen Group | 288,459 | + 1.0% | 2,541,640 | + 1.2% | 1 | 1 |
2 | Stellantis | 148,306 | – 26.0% | 1,550,437 | – 6.0% | 2 | 2 |
3 | Renault-Nissan-Mitsubishi | 132,582 | – 4.6% | 1,225,310 | + 4.2% | 3 | 3 |
4 | Hyundai-Kia | 97,337 | – 4.9% | 821,925 | – 3.4% | 4 | 4 |
5 | Toyota Group | 84,933 | + 3.6% | 749,406 | + 12.3% | 5 | 6 |
6 | BMW Group | 81,909 | + 5.1% | 678,943 | + 2.9% | 6 | 5 |
7 | Mercedes | 67,561 | – 2.9% | 509,365 | – 1.3% | 7 | 7 |
8 | Tesla | 44,519 | + 29.8% | 249,337 | – 8.7% | 10 | 9 |
9 | Ford Motor | 42,238 | – 16.2% | 326,975 | – 17.9% | 8 | 8 |
10 | Volvo | 30,106 | + 24.2% | 281,274 | + 37.0% | 9 | 10 |
Europe September 2024 – brands (Source JATO Dynamics):
Pos | Brand | Sep-24 | /23 | Aug | 2024 | /23 | Pos | FY23 |
1 | Volkswagen | 114,777 | + 0.3% | 1 | 1,012,058 | – 0.8% | 1 | 1 |
2 | Toyota | 76,021 | + 3.0% | 2 | 689,148 | + 12.0% | 2 | 2 |
3 | Skoda | 70,015 | + 20.4% | 3 | 556,096 | + 10.2% | 4 | 7 |
4 | BMW | 65,128 | + 5.5% | 4 | 574,383 | + 9.7% | 3 | 4 |
5 | Mercedes | 63,745 | – 4.9% | 5 | 526,886 | + 0.9% | 5 | 5 |
6 | Renault | 60,181 | + 2.5% | 8 | 508,444 | + 1.4% | 6 | 6 |
7 | Audi | 58,780 | – 8.0% | 6 | 506,058 | – 8.0% | 7 | 3 |
8 | Peugeot | 54,310 | – 3.8% | 7 | 485,917 | – 2.8% | 8 | 8 |
9 | Kia | 49,372 | – 6.1% | 9 | 410,178 | – 5.1% | 10 | 9 |
10 | Hyundai | 46,692 | + 3.6% | 11 | 407,484 | + 2.1% | 11 | 12 |
11 | Ford | 45,160 | – 14.7% | 12 | 353,511 | – 17.3% | 12 | 10 |
12 | Tesla | 44,402 | + 30.9% | 15 | 239,576 | – 11.4% | 17 | 16 |
13 | Dacia | 39,500 | – 6.7% | 10 | 421,176 | + 1.6% | 9 | 11 |
14 | Opel/Vauxhall | 33,973 | – 24.4% | 13 | 328,125 | – 7.1% | 13 | 13 |
15 | Volvo | 29,881 | + 23.9% | 14 | 271,993 | + 33.0% | 15 | 18 |
16 | Nissan | 28,587 | – 11.4% | 20 | 237,723 | + 8.7% | 18 | 17 |
17 | Citroën | 22,376 | – 40.7% | 17 | 285,709 | + 0.1% | 14 | 15 |
18 | MG | 20,908 | – 21.2% | 22 | 180,236 | + 10.5% | 20 | 20 |
19 | Fiat | 19,324 | – 42.8% | 18 | 245,904 | – 14.3% | 16 | 14 |
20 | Seat | 19,275 | + 3.4% | 16 | 209,549 | + 10.3% | 19 | 19 |
21 | Suzuki | 17,548 | – 14.9% | 21 | 159,799 | + 13.4% | 21 | 22 |
22 | Cupra | 17,548 | – 8.5% | 19 | 157,681 | + 6.7% | 22 | 21 |
23 | Mini | 16,820 | + 5.6% | 24 | 104,077 | – 22.7% | 24 | 23 |
24 | Mazda | 16,588 | – 14.5% | 23 | 131,163 | – 4.4% | 23 | 24 |
25 | Land Rover | 12,388 | + 14.3% | 26 | 91,419 | + 11.6% | 26 | 26 |
Europe September 2024 – models (Source JATO Dynamics):
Pos | Model | Sep-24 | /23 | Aug | 2024 | /23 | Pos | FY23 |
1 | Tesla Model Y | 28,876 | – 1.5% | 2 | 154,304 | – 22.4% | 5 | 1 |
2 | VW Tiguan | 21,077 | + 28.6% | 7 | 139,891 | + 4.9% | 8 | 9 |
3 | Renault Clio | 20,708 | + 3.1% | 5 | 161,824 | + 8.5% | 3 | 4 |
4 | Dacia Sandero | 18,960 | – 1.6% | 1 | 201,941 | + 16.2% | 1 | 2 |
5 | Kia Sportage | 16,697 | + 14.3% | 11 | 129,919 | + 13.3% | 11 | 17 |
6 | Peugeot 208 | 16,350 | – 26.3% | 8 | 146,590 | – 6.9% | 6 | 5 |
7 | VW Golf | 15,776 | – 18.9% | 13 | 164,780 | + 19.6% | 2 | 7 |
8 | Toyota Yaris Cross | 15,714 | + 15.8% | 3 | 145,994 | + 10.2% | 7 | 8 |
9 | VW Polo | 15,299 | + 12.0% | 9 | 105,504 | + 7.9% | 20 | 21 |
10 | Ford Puma | 15,141 | – 16.2% | 16 | 117,958 | – 1.9% | 16 | 12 |
11 | Tesla Model 3 | 14,965 | + 314.0% | 34 | 85,102 | + 33.3% | 24 | 32 |
12 | Toyota Yaris | 14,468 | + 18.7% | 10 | 133,108 | + 9.7% | 10 | 15 |
13 | Opel/Vauxhall Corsa | 14,355 | – 15.4% | 14 | 123,859 | – 16.2% | 14 | 6 |
14 | Skoda Octavia | 13,895 | – 0.2% | 12 | 139,159 | + 13.6% | 9 | 11 |
15 | Hyundai Tucson | 13,798 | + 1.0% | 17 | 117,466 | – 1.4% | 17 | 14 |
16 | Peugeot 2008 | 13,203 | – 7.3% | 15 | 128,591 | + 6.5% | 13 | 13 |
17 | Dacia Duster | 12,977 | + 19.8% | 6 | 129,252 | + 7.2% | 12 | 16 |
18 | VW T-Roc | 12,794 | – 24.5% | 4 | 156,471 | – 3.5% | 4 | 3 |
19 | Renault Captur | 12,686 | + 5.0% | 19 | 110,404 | + 1.9% | 18 | 19 |
20 | Toyota C-HR | 12,071 | + 26.5% | 22 | 87,726 | + 9.1% | 23 | 30 |
21 | BMW X1 | 11,806 | + 64.1% | 20 | 83,946 | + 33.0% | 25 | 39 |
22 | Nissan Qashqai | 11,444 | – 30.2% | 38 | 109,202 | + 1.1% | 19 | 20 |
23 | Ford Kuga | 10,653 | – 15.2% | 29 | 80,701 | – 13.1% | 27 | 26 |
24 | Mini Hatch | 10,386 | – 5.2% | 46 | 68,522 | – 24.1% | 31 | 24 |
25 | Nissan Juke | 9,628 | + 12.2% | 82 | 71,764 | + 25.4% | 30 | 54 |
Source: ACEA, JATO Dynamics
RickM surely has an update on Stellantis’ current inredible shape 😁
Stellantis have a lot of new models coming up in Europe. Expect volumes from the new Citroën C3, C4 facelift, Peugeot 3008/5008, Opel Mokka, Lancia Ypsilon, Alfa R Junior. Fiat 600, Fiât Grande Panda+++
Stellantis freefalling in Europe, freefalling in USA…