New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditional Fuel Cars

2026-03-11 Leave a message

Petrol car registrations plunged ~26% YoY, with sharp drops in France (-49%) and Germany (-30%).

Battery Electric Vehicles (BEV) rose 14% YoY, Plug-in Hybrids (PHEV) 32%, and Hybrids 6%.

New energy vehicles accounted for 69% of total registrations, up from 59% a year earlier.

Major automakers including Renault (-15%), Toyota (-13.4%), BMW (-5.7%) and Volkswagen (-3.8%) reported sales declines.Chinese brand BYD saw sales surge ~165% YoY, while Stellantis and Mercedes-Benz posted modest growth.

 

Traditional fuel market continues to shrink: European consumer demand for petrol cars is falling rapidly.

Structural shift to electrification: Strong growth in electrified models shows a clear shift toward greener choices.

Competitive landscape evolving faster: Strong growth from Chinese brands like BYD is intensifying competition among legacy automakers.