In 2023, new passenger car registrations in Europe for vehicles weighing between 1250 and 1499 kg experienced varied trends across countries. France led with significant volumes at 715K, increasing modestly by 0.66% year-on-year. Spain grew by 2.06%, indicating a strong market presence. Hungary and Croatia saw notable increases of 4.58% and 3.12%, respectively. Conversely, countries like Switzerland, Lithuania, and Moldova faced declines, with Switzerland registering 65K units, down by 1.48%. Over the five-year period, the market's average growth (CAGR) was influenced by these variable rates, displaying a fluctuating market landscape.
Future trends to watch include a shift toward more environmentally friendly vehicles, increasing demand for electric and hybrid models. Regulatory changes aimed at reducing emissions could further shape market dynamics, influencing consumer preferences and potentially altering the weight distribution of popular new vehicle models within this segment. Continued economic changes and technological advancements will likely play key roles in shaping the future of new car registrations across Europe.
Top countries in New Registrations of Passenger Cars with an Unloaded Weight Between 1250 and 1499 kg by Country
| # | 10 Countries | Units (Registrations) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 714,980 | 2023 | +0.64% | +0.66% | View data |
| 2 | 2 Spain | 601,310 | 2023 | +2.32% | +2.06% | View data |
| 3 | 3 Hungary | 123,540 | 2023 | +4.23% | +4.58% | View data |
| 4 | 4 Austria | 115,280 | 2023 | +0.26% | +0.39% | View data |
| 5 | 5 Sweden | 81,650 | 2023 | -0.21% | +0.43% | View data |
| 6 | 6 Croatia | 69,830 | 2023 | +4.32% | +3.12% | View data |
| 7 | 7 Switzerland | 65,450 | 2023 | -1.77% | -1.48% | View data |
| 8 | 8 Finland | 54,210 | 2023 | +0.77% | +0.62% | View data |
| 9 | 9 Lithuania | 45,670 | 2023 | -1.47% | -2.24% | View data |
| 10 | 10 Romania | 38,880 | 2023 | -3.02% | -5.1% | View data |
