New registrations in the EU are increasing, Volkswagen Group with 42%

New registrations in the EU are increasing, Volkswagen Group with 42%

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Photo: Volkswagen
In October, 750,000 brand-new cars were signed up in the EU, up 12 percent. It is the 3rd month in a row that registrations have actually increased. Acea reports that in October 2019 the overall was still over one million.

In the complete year 2022, the counter with more than 7.5 million systems is still 8 percent lower than in 2015.

With the exception of Stellantis (-4%), all significant producers saw registrations increase, while the minus at Renault was balanced out by Dacia’s development.

Volkswagen Group taped a boost of 42 percent. With 1.9 million registrations in 2022, Volkswagen leads Stellantis (1.5 million). Throughout the year, Kia has actually revealed the biggest boost amongst the volume brand names (+8%, making Kia the ninth biggest brand name in the EU). Toyota likewise experienced a substantial boost (+43%). Jaguar Land Rover, which saw its CEO resign the other day, tape-recorded a minus.

In the Netherlands, Kia looks set to take the most significant brand name title from Volkswagen this year.

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The 5 most significant brand names in the EU in October:

Brand Number of +/-
Volkswagen 85,217 371%
Toyota 54,100 43%
Renault 44,365 -8%
peugeot 43,398 -7.6%
Mercedes 41,848 6.4%
Source: Acea, Cars editor

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