ACEA reports EU car registrations surge in May

June 21, 2023

New passenger car registrations in the EU, showing the 12-month trend (Courtesy ACEA)
New passenger car registrations in the EU, showing the 12-month trend (Courtesy ACEA)

The European Automobile Manufacturers’ Association (ACEA) has reported that in May 2023, the EU car market saw a significant increase in passenger car registrations, with nearly one million units. This demonstrates an 18.5% growth from the previous year marking the tenth consecutive month of growth. All the EU’s four largest markets grew, with the strongest gains in Italy (+23.1%), Germany (+19.2%), and France (+14.8%).

From January to May 2023, the EU car market grew by 18%, to 4.4 million registered cars. Although the market improved in May, year-to-date sales were 23% lower compared to the same month in 2019, when 5.7 million units were registered. In this five-month period, there were double-digit gains in most markets, including the four largest: Spain (+26.9%), Italy (+26.1%), France (+16.3%), and Germany (+10.2%).

Subscribe to our weekly newsletter
Sign up

Fuel types of new cars

The ACEA also shared information on the fuel types of cars being registered. In May, the market share of battery electric cars saw a substantial increase from 9.6% to 13.8%. Hybrid electric cars are now the second-most popular choice for new car buyers, accounting for almost a quarter of the market. However, petrol cars still have the largest share at 36.5%.

It was also reported that last month, the new registrations of battery electric cars in the EU experienced a significant boost, rising by 70.9% to reach 129,847 units. This equates to a market share of 13.8%, and a four percentage point increase compared to May 2022. Most EU markets reportedly recorded impressive double- and triple-digit percentage gains, including the four largest: the Netherlands (+118.4%), Sweden (+82.6%), France (+48.7%), and Germany (+46.6%). Overall, this resulted in a cumulative increase of 50.5%, with over half a million units sold from January to May.

Hybrid cars reportedly maintained their growth momentum, as sales increased by 27.6% to reach 234,380 units in May. This result was largely driven by double-digit growth in the EU’s four largest markets: Germany (+54.5%), Italy (+27.2%), France (+22.1%), and Spain (+10.3%). As a result, hybrid electric cars are now the second-most popular choice for new car buyers, accounting for almost a quarter of the market (up from 23.2% in May 2022).

Contrastingly, the EU market for new plug-in hybrid cars declined slightly, with registrations decreasing by 0.6% in May. This decline was primarily driven by a significant drop in sales in Germany (-40.5%), the largest market for this fuel type, as incentives for plug-in hybrids were discontinued in 2022. As a result, the overall market share of plug-in hybrid cars decreased to 7.4% compared to 8.8% in May last year.

Petrol cars, however, grew by 12.6% in the EU market in May. Despite this, market share stood at 36.5%, nearly two percentage points less than in May 2022. Growth was mainly driven by increases in the four largest EU markets, most notably Italy (+23.9%), France (+18.3%), and Germany (+17.6%). From January to May, more than 1.6 million petrol cars were sold in the EU, a remarkable 17% increase from the same period in 2022.

Contrastingly, the EU diesel car market declined by 2.9% last month, despite performing well in two of the bloc’s largest markets: Italy (+24.3%) and Germany (+3.6%). Diesel cars now account for 14.3% of the EU market share, down from 17.4% in May 2022.

Download PM Review magazine

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link