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Car registrations in the EU declined by 7.3% Y/Y to 1.01 million units in June 2025, reversing a 1.6% surge in May, highlighting the challenging global economic environment for automakers.
Overall, in the first half of 2025, car sales declined 1.9% Y/Y. The battery-electric car market share for H1 2025 stood at 15.6%, still far from where it needs to be at this point in the transition, the Automobile Manufacturers’ Association said. Meanwhile, the combined market share of petrol and diesel cars fell to 37.8%, down from 48.2% over the same period in 2024.
The four major markets in the EU saw significant drops in sales: Belgium down 6.4%, Germany down 13.8%, Spain slumped 45.2%, and Italy down 34.4%.
In the battery electric vehicle (BEV) segment, registrations grew by 7.8%, driven notably by a surge in Spain of 103.2%. While Germany and the Netherlands recorded gains of 8.6% and 6.4% respectively, by contrast, registrations declined in Belgium by 6.9% and Italy by 40.4%.
Despite an increase in total sales of electric vehicles, Tesla (NASDAQ:TSLA) lost market share for the sixth consecutive month. Meanwhile, the four top European automakers—Volkswagen (OTCPK:VLKAF), Stellantis (NYSE:STLA), Renault (OTCPK:RNSDF), and Hyundai (OTCPK:HYMTF)—all saw lower car sales than they did in June 2024.
Tickers to watch: Volkswagen Group (OTCPK:VLKAF), Stellantis (NYSE:STLA), Renault Group (OTCPK:RNSDF), Hyundai (OTCPK:HYMTF), Toyota Motor (NYSE:TM), BMW (BMWYY), Mercedes-Benz (OTCPK:MBGAF), Ford Motor (NYSE:F), Volvo Cars, Tesla (NASDAQ:TSLA), Nissan (OTCPK:NSANY), Suzuki (OTCPK:SZKMY).
ETFs to tab European markets: (NYSEARCA:EWG), (NYSE:GF), (NYSEARCA:EWI), (NYSEARCA:EWQ), (NASDAQ:FGM), (NASDAQ:DAX), (NYSEARCA:FLGR), (NYSEARCA:FXB), (NYSEARCA:EWU), (NASDAQ:FKU), (BATS:EWUS), (NYSEARCA:FLGB), (NYSEARCA:GREK).