Analysis of the European Car Market in November 2024: Sales Trends and Best-Selling Models

Are you a car enthusiast looking to stay updated on the latest trends in the European car market? Look no further! In November, the car market in Europe experienced a slight decline of 1.9%, with the first eleven months of the year showing minimal growth of 0.6%. But don’t worry, we’ve got all the details on the best-selling models and the brands that are making waves in the industry.

The big five European car manufacturers, including Volkswagen, Stellantis, Renault, BMW, and Mercedes, dominated the market with a 65% share of total sales. Japanese manufacturers and Korean brands also held significant market shares at 13% and 7.5%, respectively. Tesla and Ford made their mark, accounting for 5.9% of total monthly registrations, while Chinese car manufacturers captured a 6.7% market share.

When it comes to electric cars, the market share fell slightly from 16.3% to 15% in November, with a decrease in volumes across various fuel types. Despite this, some models stood out with impressive year-on-year growth. The Dacia Sandero maintained its position as the most popular model in the region, while the Volkswagen Golf followed closely behind.

Other models that performed well in November include the Renault Captur, Toyota C-HR, Skoda Fabia, Peugeot 3008, Skoda Kodiaq, Jeep Avenger, BMW 5 Series, and Suzuki Swift. These models showcased strong sales and contributed to the overall success of their respective brands.

From a brand perspective, Skoda made significant strides, securing third place in the monthly ranking with strong sales of the Fabia, Enyaq, and Kodiaq models. Volvo surpassed Vauxhall/Opel, while MG and Cupra outperformed Fiat, which saw a 39% drop in registrations.

Overall, the European car market continues to evolve, with new trends and models shaping the industry. Stay tuned for more updates on the best-selling cars and brands in Europe as we head into the new year. Stay informed and stay ahead of the curve in the ever-changing world of automotive excellence.