The European car market will grow by approximately 2% in 2025
- The European passenger car market (30 countries: EU + UK + Switzerland + Norway) is expected to grow by around 2% in 2025 compared to 202, with its growth rate accelerating since last summer. The European market should therefore exceed 13 million cars sold for the first time since 2019, reaching approximately 13.1 to 13.2 million units.
- However, the European passenger car market will still not have recovered its record levels of more than 15 million units per year recorded between 2016 and 2019 by 2025. The 2025 level is closer to the volumes reached in 2014, the 2015 volume already being more than 14 million units.
- With the sharp rise in vehicle prices observed over the past three years and the laborious energy transition between internal combustion and electric vehicles , the levels of 2016-2019 will be difficult to reach again by 2030.
- The Volkswagen Group will remain the market leader (27%), up 5% compared to 2024, ahead of the Stellantis Group (15%), down 5%, and the Renault Group (10%), up 7%. They are followed by the Hyundai-Kia Group (8%), down 3%, the BMW Group (7%), up 6%, the Toyota Group (7%), down 7%, the Mercedes Group (5%), down 2%, and the Ford Group (3%), down 1%. Chinese brands will occupy 8% of the European market by the end of December.