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Yahoo
06-08-2025
- Business
- Yahoo
Western European car market up in July 2025
In July 2025, the Western European PV market improved nearly 4% YoY as sales reached 950k units. However, the selling rate eased fractionally to 11.5 million units/year. Overall, 2025 continues to be a tough year for the market as YTD sales are marginally worse (-0.5% YoY) than 2024, now standing at just over 7 million units. Across the five major markets in the region, sales remained mixed in July. Spain continued its strong run of growth as sales were up double digits YoY, while Germany also saw its best result since April 2024, a reversal from the negative trend seen throughout the year. Conversely, France, Italy, and the UK all saw declines; the drop in the French market being the most notable, having fallen on a YoY basis in every month of 2025. Commentary For July, the PV selling rate for Western Europe stood at 11.5 million units/year, slightly down on June. The market did improve in YoY terms by 4% with most markets experiencing some level of growth; however, three of the big five markets fell at least 5% YoY. Of the big five markets, Spain and Germany saw solid growth in July. Spain recorded a third consecutive month of growth over 15% YoY as well as its eleventh consecutive month of overall growth, as the combination of the Reinicia Auto+ Plan, the rise in electrified vehicle registrations supported by government incentives from the MOVES Plan, and effective promotional efforts by brands, continue to boost sales. Spanish PV sales totalled 98k units. Sales in Germany were surprising as the market saw its second month of growth in 2025 and its best result since April 2024, as sales reached 265k units. Economic sentiment in Germany is improving due to the German government's diversion from austerity measures. For the rest of the big five markets: France, Italy, and the UK, July painted a different picture. In France, the PV market recorded its seventh consecutive decline as sales fell to 116k units. Political uncertainty, especially around the country's fiscal deficit is having real effects on consumer and business confidence. Furthermore, recent regulatory changes implemented in February, including a reduction in BEV incentives and a stricter malus tax on carbon emissions, have also influenced consumer behaviour and market dynamics. In the UK, sales declined to 140k units due to a significant drop in demand from both private and fleet buyers. Finally, sales in Italy fell to 118k units primarily due to uncertainty surrounding the revision of CO2 regulations for light vehicles, which has left potential buyers hesitant to invest in new all-electric vehicles. This article was first published on GlobalData's dedicated research platform, the . "Western European car market up in July 2025 – GlobalData" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
08-05-2025
- Automotive
- Yahoo
Western European car market holds steady amid economic uncertainty
In April, the PV selling rate for Western Europe stood at 11.2 million units/year, broadly in line with that of March. Sales volumes totalled 949k units, a 1.1% decline from March 2024. YTD sales now stand at just under 4 million units, down 0.7% from the same period last year. Spain continued its strong run of results, while markets such as France and the UK faced declines. The story for the Western European PV market remains the same as last month. Global and regional economic headwinds, specifically US President Donald Trump's tariff plans, have heightened uncertainty and hurt consumer confidence, which is now having real affects in many Western European markets. GlobalData continues to forecast 2025 sales to fall short of 2024's result. The PV selling rate for Western Europe in April was 11.2 million units/year. While this was similar to the March selling rate result, YoY sales experienced a decline of 1.1%, totalling 949K units. The tariff strategy implemented by US President Donald Trump has introduced significant uncertainty into global trade relations, which is now manifesting in tangible effects on the global economy. Both consumer confidence and business investment have taken a hit, particularly within the automotive sector. Given these challenging circumstances, we continue to project weaker results for the Western European PV market compared to those recorded in 2024. In April 2025, sales performance across the five major markets in Western Europe exhibited disparities. Spain continues to shine as one of the region's top performers with sales up 12% YTD, and up just over 7% YoY in April to 99k units — the Reinicia Auto+ Plan and the MOVES plan have supported recent market results. Italy also experienced a positive trend, marking its second consecutive month of growth with sales increasing nearly 3% YoY to 139k units; however, the monthly selling rate fell nearly 5% to 1.53 million units/year. Conversely, France, Germany, and the UK faced more challenges in April. France's sales dipped to 139k units, reflecting a decline of 5.6% YoY. The UK experienced a significant downturn of over 10% in April, attributed to selling day differences YoY due to the timing of Easter, as well as a pull-forward effect in March 2025 sales due to changes in car tax (VED). Meanwhile, Germany's sales declined slightly by 0.2% YoY to 243k units as consumer confidence continues to wane amid ongoing economic headwinds. This article was first published on GlobalData's dedicated research platform, the . "Western European car market holds steady amid economic uncertainty – GlobalData" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
