Industry News
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SUVs Now Dominate Nearly Half of European Passenger Vehicle Sales
New data reveals SUVs have swiftly become the most dominant segment in the European passenger vehicle market, now commanding 49% of total annual registrations as of 2022. This represents a huge 18 percentage point surge from 2011, when SUVs accounted for just 31% share.
23-08-2023 -
Passenger Car Registrations in EU Declined in 2022, but Rebounded in December
The European new car market ended 2022 on a high note with a 12.8% increase in registrations in December, the fifth straight monthly gain. The major markets of Germany and Italy saw robust double-digit growth of 38.1% and 21% respectively in December. However, Spain declined 14.1% while France was nearly flat at -0.1% for the month.
23-08-2023 -
Passenger cars sales of global
New registration data reveals global passenger vehicle sales contracted 10.2% in 2022 compared to pre-pandemic 2019, as major automotive markets continue working to recover lost volume from COVID-19 disruptions.
23-08-2023
