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):

PosGroupSep-24/232024/23PosFY231Volkswagen Group288,459+ 1.0%2,541,640+ 1.2%112Stellantis148,306– 26.0%1,550,437– 6.0%223Renault-Nissan-Mitsubishi132,582– 4.6%1,225,310+ 4.2%334Hyundai-Kia97,337– 4.9%821,925– 3.4%445Toyota Group84,933+ 3.6%749,406+ 12.3%566BMW Group81,909+ 5.1%678,943+ 2.9%657Mercedes67,561– 2.9%509,365– 1.3%778Tesla44,519+ 29.8%249,337– 8.7%1099Ford Motor42,238– 16.2%326,975– 17.9%8810Volvo30,106+ 24.2%281,274+ 37.0%910

Europe September 2024 – brands (Source JATO Dynamics):

PosBrandSep-24/23Aug2024/23PosFY231Volkswagen114,777+ 0.3%11,012,058– 0.8%112Toyota76,021+ 3.0%2689,148+ 12.0%223Skoda70,015+ 20.4%3556,096+ 10.2%474BMW65,128+ 5.5%4574,383+ 9.7%345Mercedes63,745– 4.9%5526,886+ 0.9%556Renault  60,181+ 2.5%8508,444+ 1.4%667Audi58,780– 8.0%6506,058– 8.0%738Peugeot54,310– 3.8%7485,917– 2.8%889Kia49,372– 6.1%9410,178– 5.1%10910Hyundai46,692+ 3.6%11407,484+ 2.1%111211Ford  45,160– 14.7%12353,511– 17.3%121012Tesla44,402+ 30.9%15239,576– 11.4%171613Dacia39,500– 6.7%10421,176+ 1.6%91114Opel/Vauxhall33,973– 24.4%13328,125– 7.1%131315Volvo29,881+ 23.9%14271,993+ 33.0%151816Nissan28,587– 11.4%20237,723+ 8.7%181717Citroën22,376– 40.7%17285,709+ 0.1%141518MG20,908– 21.2%22180,236+ 10.5%202019Fiat19,324– 42.8%18245,904– 14.3%161420Seat19,275+ 3.4%16209,549+ 10.3%191921Suzuki17,548– 14.9%21159,799+ 13.4%212222Cupra17,548– 8.5%19157,681+ 6.7%222123Mini16,820+ 5.6%24104,077– 22.7%242324Mazda16,588– 14.5%23131,163– 4.4%232425Land Rover12,388+ 14.3%2691,419+ 11.6%2626

Europe September 2024 – models (Source JATO Dynamics):

PosModelSep-24/23Aug2024/23PosFY231Tesla Model Y28,876– 1.5%2154,304– 22.4%512VW Tiguan21,077+ 28.6%7139,891+ 4.9%893Renault Clio20,708+ 3.1%5161,824+ 8.5%344Dacia Sandero18,960– 1.6%1201,941+ 16.2%125Kia Sportage16,697+ 14.3%11129,919+ 13.3%11176Peugeot 20816,350– 26.3%8146,590– 6.9%657VW Golf15,776– 18.9%13164,780+ 19.6%278Toyota Yaris Cross15,714+ 15.8%3145,994+ 10.2%789VW Polo15,299+ 12.0%9105,504+ 7.9%202110Ford Puma15,141– 16.2%16117,958– 1.9%161211Tesla Model 314,965+ 314.0%3485,102+ 33.3%243212Toyota Yaris14,468+ 18.7%10133,108+ 9.7%101513Opel/Vauxhall Corsa14,355– 15.4%14123,859– 16.2%14614Skoda Octavia13,895– 0.2%12139,159+ 13.6%91115Hyundai Tucson13,798+ 1.0%17117,466– 1.4%171416Peugeot 200813,203– 7.3%15128,591+ 6.5%131317Dacia Duster12,977+ 19.8%6129,252+ 7.2%121618VW T-Roc12,794– 24.5%4156,471– 3.5%4319Renault Captur12,686+ 5.0%19110,404+ 1.9%181920Toyota C-HR12,071+ 26.5%2287,726+ 9.1%233021BMW X111,806+ 64.1%2083,946+ 33.0%253922Nissan Qashqai11,444– 30.2%38109,202+ 1.1%192023Ford Kuga10,653– 15.2%2980,701– 13.1%272624Mini Hatch10,386– 5.2%4668,522– 24.1%312425Nissan Juke9,628+ 12.2%8271,764+ 25.4%3054

Source: ACEA, JATO Dynamics