Dacia scores the largest year-on-year gain in the Top 15

Preliminary data by ACEA shows a European market (EU+EFTA+UK) up a solid 14.1% year-on-year in October to 1,039,253 units. This is however still down -14.5% on the 1.214.989 sales from pre-pandemic October 2019. Year-to-date volumes are up 16.7% or over 1.5 million to 10,722.930. BEV sales are up 30.1% year-on-year to 158,439 and 15.2% share. This ratio is at 17.1% in Germany, 16.7% in France, 15.6% in the UK, 6.5% in Spain and 4.1% in Italy. France (+21.9%) is the most dynamic Top 5 market in October followed by Italy (+20%), Spain (+18.1%), the UK (+14.3%) and Germany (+4.9%). Other great performers include Greece (+44.8%), Cyprus (+41.4%), Poland (+27.8%), Belgium (+26.6%) and Croatia (+22.7%).

In the groups ranking, both the VW Group (+10.4%) and Stellantis (+10.8%) trail the market but still climb by double-digits. Renault-Nissan-Mitsubishi rallies back up 21.2% ahead of Hyundai-Kia (+9.3%), the BMW Group (+17%) and Toyota Group (+10%). SAIC Motor (+59.7%) makes its first appearance in the Top 10 thanks to MG. Brand-wise, Volkswagen (-5.3%) endures the only year-on-year drop in the Top 10 while Toyota (+7.6%) is catching up but remains below the market growth rate. Audi (+19.2%), BMW (+18.8%) and Renault (+17.8%) shine below with Skoda (+18.8%) and most strikingly Dacia (+33.5%) also strong in the remainder of the Top 10. Further down, Tesla (+209.9%), Suzuki (+68.2%), MG (+59.7%), Jeep (+59%) and Cupra (+42%) stand out.

Previous month: Europe September 2023: MG, Jeep euphoric in market up 11.1%

One year ago: Europe October 2022: Audi, Toyota, VW shine in market up 14.1%

Full Europe 2023 Top 10 groups and Top 25 brands below.

Europe October 2023 – groups (Source ACEA):

PosGroupOct-23/22Sep2023/22PosFY221Volkswagen Group257,526+ 10.4%12,769,887+ 21.7%112Stellantis180,327+ 10.8%21,831,653+ 6.0%223Renault-Nissan-Mitsubishi128,993+ 21.2%31,303,975+ 19.8%334Hyundai-Kia89,551+ 9.3%4940,543+ 4.0%445BMW Group75,979+ 17.0%6736,058+ 12.4%656Toyota Group74,964+ 10.0%5742,072+ 11.8%567Mercedes56,377+ 11.8%7577,955+ 9.3%778Ford Motor41,263– 12.2%8443,979+ 3.4%889Volvo24,742+ 11.2%10230,062+ 22.6%10910SAIC Motor (est)19,184+ 59.7%n/a182,214+ 112.4%n/an/a

Europe October 2023 – brands (Source ACEA):

PosBrandOct-23/22Sep2023/22PosFY221Volkswagen97,132– 5.3%11,128,251+ 15.8%112Toyota70,026+ 7.6%2692,702+ 9.4%223Audi62,754+ 19.2%4615,232+ 24.7%364BMW60,920+ 18.8%5586,526+ 12.9%435Renault  56,629+ 17.8%6561,012+ 20.9%676Mercedes53,872+ 9.9%3555,712+ 8.5%747Skoda53,850+ 18.8%7562,576+ 26.2%598Peugeot52,017+ 5.3%8555,343+ 5.9%859Kia46,328+ 9.2%9494,207+ 5.5%9810Dacia46,222+ 33.5%13464,902+ 21.2%101211Hyundai43,223+ 9.4%11446,336+ 2.5%111012Ford  41,263– 12.2%10443,979+ 3.4%121113Opel/Vauxhall36,516+ 14.2%12392,276+ 8.2%131314Fiat34,105+ 10.3%15326,982– 1.0%141415Citroën33,193+ 8.1%14319,738– 0.5%151516Volvo24,742+ 11.2%19230,062+ 22.6%181717Nissan22,100+ 13.3%17241,337+ 25.4%171618MG (est)19,184+ 59.7%18182,214+ 112.4%202419Tesla18,023+ 209.9%16291,012+ 100.0%161820Cupra 17,613+ 42.0%22163,803+ 44.5%212221Suzuki16,162+ 68.2%20156,183+ 45.3%222322Seat15,989+ 18.1%23207,747+ 19.8%191923Mini15,059+ 10.5%24149,532+ 10.3%242024Mazda14,207+ 7.6%21152,903+ 34.3%232125Jeep12,075+ 59.0%n/a106,663+ 29.0%2525

Source: ACEA