Germany continues to lead in the number of petrol passenger cars in Europe, reflecting its large automotive market, with 32.65 million cars in 2023. Following Germany, the United Kingdom, Italy, and France each have significant petrol car markets. The year-on-year variations show modest increases across most countries, with Belgium and Luxembourg notably standing out with the highest growth rates (6.0% and 6.7%, respectively). Conversely, some countries like Sweden, Norway, Ireland, Croatia, Slovenia, Latvia, and Bosnia and Herzegovina experienced declines in the number of petrol passenger cars.
Key Trends:
- Germany remains predominant with steady growth (0.82%).
- Belgium and Luxembourg show significant increases, suggesting robust market dynamics.
- Countries like Sweden, Norway, and Latvia are witnessing declines, potentially indicating a shift towards alternative fuel vehicles.
Future Trends to Watch:
- The transition towards electric and hybrid vehicles might accelerate, impacting the petrol car market.
- Countries with declining petrol car numbers might see increased governmental regulations and incentives for cleaner vehicles.
- Technological advancements and consumer preferences shifting towards sustainability will influence market dynamics across Europe.
Top countries in Number of Petrol Passenger Cars by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32,650,000 | 2023 | +0.72% | +0.82% | View data |
| 2 | 2 United Kingdom | 19,840,000 | 2021 | View data | ||
| 3 | 3 Italy | 19,019,000 | 2023 | +0.77% | +0.75% | View data |
| 4 | 4 France | 17,551,000 | 2023 | +2.62% | +3.64% | View data |
| 5 | 5 Poland | 14,164,000 | 2023 | +2.44% | +2.67% | View data |
| 6 | 6 Spain | 12,236,000 | 2023 | +2.78% | +2.82% | View data |
| 7 | 7 Netherlands | 7,725,400 | 2023 | +1.64% | +1.67% | View data |
| 8 | 8 Romania | 3,865,900 | 2023 | +1.14% | +1.73% | View data |
| 9 | 9 Czech Republic | 3,629,400 | 2023 | -0.11% | +1.37% | View data |
| 10 | 10 Belgium | 3,480,000 | 2023 | +4.23% | +6% | View data |
