EU registrations: E-cars are booming, but the pioneer is weakening
The EU car market has started 2025 with the handbrake on. According to ACEA, the European Automobile Manufacturers Association, the number of new car registrations fell by 2.6 percent in January compared to the same month last year. Electric cars increased noticeably - although not all manufacturers were able to benefit from this.
The number of purely battery-powered vehicles increased by a third. They therefore accounted for 124,241 of the total 831,201 new car registrations in January. Electric vehicles were particularly popular in Germany, Belgium and the Netherlands. This is consistent with current survey results, according to which the acceptance of electromobility among German drivers is growing and more than half of Germans are now considering buying an electric model the next time they buy a car.
Plug-in hybrids lost some of their popularity on the European market in January 2025, while non-rechargeable hybrid cars remained on trend, with an increase of just over 18 percent to 290,014 newly registered vehicles.
VW pulls ahead, BMW and Mercedes in reverseThe German manufacturers performed differently. The Volkswagen Group was able to maintain its position as market leader in the EU and increased the number of new registrations by almost six percent to 229,898. The subdued figures from the group's subsidiary Porsche AG clouded the overall picture somewhat.
BMW and Mercedes-Benz had a more difficult start to the year. The Munich-based company registered 55,284 vehicles, a slight decrease of one percent, while the Stuttgart-based company registered a full six percent fewer vehicles, with 34,734.
Tesla, of all companies, was responsible for the negative surprise. In the midst of the e-car boom, registrations of the electric pioneer from the USA halved to just 7,517 vehicles. The political controversies surrounding CEO Elon Musk scared off European buyers. The Musk group is already in trouble on the stock market: poor sales figures ( DER AKTIONÄR reported ) and the recall of hundreds of thousands of vehicles last Friday ( DER AKTIONÄR reported ) are putting Tesla shares under massive pressure.
In the German automotive sector, BMW shares are the favorites. With the New Class, which will be rolled out in autumn 2025, the Munich-based company is hoping to gain a decisive technological lead in battery, drive, software and design for the entire BMW product range. With a price target of 95 euros, DER AKTIONÄR sees around 60 percent potential.
Note on conflicts of interest The board of directors and majority owner of the publisher Börsenmedien AG, Mr. Bernd Förtsch, has directly and indirectly taken positions in the following financial instruments mentioned in the publication or derivatives related to them, which can benefit from any price development resulting from the publication: Volkswagen Vz., Mercedes-Benz.
Contains material from dpa-AFX
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