Europe: SUVs & crossovers accounted for over 50% of all new car sales in 2023

RahulNagaraj · 8th February 2024, 17:13

According to reports, Europe witnessed SUVs accounting for over 50% of all new vehicle sales in 2023.

The reports mentioned that SUVs and crossovers accounted for 51% of new vehicle sales, with the remaining 49% being made up of hatchbacks, sedans, wagons and trucks. This translates to a 19% increase in SUV & crossover sales compared to 2022.

Europe: SUVs & crossovers accounted for over 50% of all new car sales in 2023-modely.jpeg

Among them, the Tesla Model Y had the highest sales figures, which, on its own, managed a massive 85% rise in units sold. The Tesla Model Y went on to become the best-selling vehicle in the world for 2023, outselling the likes of the Toyota Corolla & RAV4.

Unlike in America, where full-size large SUVs are more popular, in Europe, customers prefer small & compact crossovers. These compact SUVs in Europe accounted for 4.1 million units of sales. However, in the SUV category, premium SUVs from luxury brands witnessed the largest annual increment of 31%, registering 843,939 sales.

Source: Automotive News Europe

Link to Team-BHP news

8th February 2024, 17:13	#1
RahulNagaraj Senior - BHPian Join Date: Mar 2021 Location: Bangalore Posts: 2,675 Thanked: 25,322 Times View My Garage	Europe: SUVs & crossovers accounted for over 50% of all new car sales in 2023 According to reports, Europe witnessed SUVs accounting for over 50% of all new vehicle sales in 2023. The reports mentioned that SUVs and crossovers accounted for 51% of new vehicle sales, with the remaining 49% being made up of hatchbacks, sedans, wagons and trucks. This translates to a 19% increase in SUV & crossover sales compared to 2022. Among them, the Tesla Model Y had the highest sales figures, which, on its own, managed a massive 85% rise in units sold. The Tesla Model Y went on to become the best-selling vehicle in the world for 2023, outselling the likes of the Toyota Corolla & RAV4. Unlike in America, where full-size large SUVs are more popular, in Europe, customers prefer small & compact crossovers. These compact SUVs in Europe accounted for 4.1 million units of sales. However, in the SUV category, premium SUVs from luxury brands witnessed the largest annual increment of 31%, registering 843,939 sales. Source: Automotive News Europe Link to Team-BHP news Last edited by RahulNagaraj : 8th February 2024 at 17:14.
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