Toyota, Volvo, Nissan… These products are in good shape on the European market in 2024

If the Volkswagen group remains Europe’s biggest car seller, other brands are gaining ground, while consumers remain wait-and-see.

In the car market that is finding itself, in these first months of 2024, together with the big businessmen of the sector, the most secretive brands are doing well Volvo, Nissan, Suzuki and even Mitsubishi are in the front quarter, to a large extent twice- . digit growth. Or even more.

+160% pour Mitsubishi

Mitsubishi, the Japanese automaker that partners with Renault and Nissan, saw its sales increase by 160% from January to March. The volume remains low, but from 8,255 cars sold last year to 21,486 at the beginning of the year. The manufacturer is currently in the process of renewing its range, relying on models created in collaboration with Renault, such as the ASX, the cousin of the Captur or the Colt, the cousin of the Clio.

Other brands in good shape at the moment: Volvo, sales up 39.4% or Suzuki with registrations up almost 35%. There too, the updated series have these brands

Volkswagen Group, Europe’s number 1

For larger groups, growth is much lower, as is the market (see box below). In the first quarter, the Volkswagen group (including VW, Audi, Skoda), as usual dominated the registration, but its share of the European market fell by 0.8 points to 24 .9%.

Stellantis (Peugeot, Citroën, Fiat) also lost 18.9% of market share (-0.4 points) as did the Renault group (10.3%, -0.5 points).

Toyota, on the other hand, started the year with a bang with registrations up 17.5% year-on-year, allowing it to jump to 8.1% of the market (+1.1 points). Performance that matches the needs of the hybrids that the Japanese group is a historical specialist.