New car registrations in Europe increased by 14% year on year in October, with demand led by a growing appetite for electric cars, according to industry analyst Jato Dynamics.
More than one million cars were sold across 28 European markets, with 15% of that total – some 150,000 – being battery-powered.
The uptick in electric car registrations is largely down to Tesla, BMW and SAIC sales, according to Jato.
However, Felipe Munoz, Jato’s global analyst said: “The increasing demand for electric cars is more a response to the range of deals on offer and the increase in supply, rather than competitiveness in price and the variety of models available."
Tesla registrations tripled in October 2023 (compared with October 2022) due to the continued sales success of the Tesla Model Y and Tesla Model 3.
For the month of October, Volkswagen was the best-selling brand, with 97,406 units sold. The best-selling model was the Dacia Sandero, accruing 22,335 sales.
MG owner SAIC recorded a 66% increase in registrations with 8841 units. MG 4 sales were 1.6 times higher than those for the Volkswagen ID 3.
Registrations for EVs increased dramatically in Finland, Luxembourg and Denmark. However, sales in Croatia, Ireland and Germany were down.
The top five best-sellers for October were the Dacia Sandero (22,335), Fiat/Abarth 500 (15,426), Renault Clio (15,408), Toyota Yaris Cross (15,401) and Peugeot 208 (15,032).
Read below for Europe’s top 10 best-sellers so far in 2023.
The top 10 best-selling cars in Europe
1. Tesla Model Y, 209,503 sales so far, +144% year on year
Tesla’s stranglehold on the global EV market continues, with the Model Y appearing to be a shoo-in for at least a podium finish in this year’s European sales charts. Can it hold its place until the end of 2023? It's looking likely.
2. Dacia Sandero, 196,121 sales, +21% year on year
Last year’s second best-seller, the Dacia Sandero, is still in with a shout of taking the top spot in 2023. Its appeal is bolstered by its exceptional value for money, which will have resonated with buyers as the cost of living crisis continues to hit across Europe. That it’s also a competitive supermini with a spacious interior and decent handling makes it an especially compelling buy.
3. Volkswagen T-Roc, 175,169 sales, +16% year on year
The Volkswagen T-Roc is always a popular choice in Europe, and that looks set to continue for the foreseeable future. It ranked third last year, and its sales even outnumber those of the venerable Volkswagen Golf. A recent facelift boosted its interior quality, addressing one of the few criticisms of this well-rounded crossover.
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Confusing headline gives the impression these are year to date figures. Yet the quoted figures are I believe for the month of August. Even so, it's hard to comprehend that Europe's top seller is a Chinese built model and not a single Ford appears in the top 10. So it seems that the Tesla Model Y is in fact the new Fiesta. Or was this August just a blip?
Who's confused, why did Tesla build a Model Y plant in Germany again?
Are you talking about the Model Y?
There's something really weird about this.
Historically the best selling cars in the EU have alsways been the smaller cheaper cars built by European manufacturers. And if you break those cars down, unlike the UK, it's often the more basic versions of those cars. Unlike the UK, mainland Europe don't place as much emphasis on badge snobbery.
I say weird because when the Dacia Sandero was the previous chart topper, that's totally believable. But we've gone from one of the cheapest cars on the market to a Tesla Model Y?
Oh come on. I can understand stats being a tad unrealistic given the production shut downs around Covid, how is it possible for a car that expensive to be the best seller?
I don't believe it, there has to be more to this story.
You can also see why the EU lawmakers are panicing. That Tesla Y is built in China, the prices of which the EU commissioner has asked to investigate. No wonder they want to slap an extra 10% import duty. EU top sellers have been dominated by cars build in the EU. Up until now, I can't think of any that haven't.
So you don't believe the stats yet PSA, VW, BMW etc don't pipe up. The Model Y is taking big chunks from BMW, Audi, Mercedes and when you combine them you get a big Number 1 seller.
Unless you've some actually evidence you'll begin to sound like one of those conspiracist types.
If you read the article, it states the best sellers in 28 european markets. The EU has 27 countries, so that means the 28th market is the UK. I would imagine a lot of those Teslas making up number one were sold in the UK, & therefore perhaps the Dacia was in fact in number one slot in the EU.
I don't understand why people would buy it instead of a VW Golf. Which is nicer and runs on petrol instead of electricity.