Australia Best Selling Cars ranking up to October 2023 is lead by the  Toyota Hilux (-8.4%) followed by the Ford Ranger (+30.6%). Tesla Model Y jumps 39 spots into 6th.

Considering data up to August 2023 the Australian Best-Selling Car is still the Toyota Hilux with 50,067 sales (-8.4%), followed by the Ford Ranger, with 49,288 new registrations (+30.6%).

In third place ranks the MG ZS -up 7 spots- with 25,689 sales (+57.0%), followed by the Toyota RAV4 -down 1 spot- at 24,986 units sold (-17.7%) and the Isuzu D-MAx -up 1 spot- with 24,677 new registrations (+16.4%). 

The Tesla Model Y rises 39 spots into 6th, reporting 24,267 sales, a 275.5% year-on-year growth.

Behind ranks the Mitsubishi Outlander in 7th with 20,000 sales (+28.0%) followed by the Mazda CX-5 with 19,404 (-17.3%), the Hyundai i30 with 18,013 units sold (-3.5%) and the Hyundai Tucson -up 3 spots- in 10th with 17,935 sales (+23.7%). 

Tables with sales figures

In the tables below we report sales for top 50 models.

Luxembourg Car Market in October 2023 reports 4,152 new sales (+19.8%), growing for the 10th month in a row after losing 48.2% in December 2022. YTD figures at 42,124 are up 18.6% from the previous year. Tesla rises 149.2% into 8th spot.

Market Trend and Outlook

The Luxembourg Car Market in October 2023 reports 4,152 new sales (+19.8%), growing for the 10th month in a row after losing 48.2% in December 2022. YTD figures at 42,124 are up 18.6% from the previous year.

Looking at cumulative data up to October 2023 brand-wise, Volkswagen is still the leader with 5,5055 sales (+20.0%), followed by BMW -up 2 spots- with 4,094 (+32.9%), Mercedes -down 1 spot- at 3,648 sales (+5.3%) and Audi with 3,343 sales (+3.3%).

In 5th ranks Skoda at 2,480 sales (+54.0%), followed by Peugeot -down 1 spot- at 2,198 (-25.3%) and Renault in 7th with 2,082 registrations (+58.9%).

Tesla rises 12 spots into 8th with 1,423 sales (+149.2%), followed by Fiat in 9th at 1,324 (-0.5%) and finally Opel in 10th position with 1,313 cumulative sales (-8.6%).

Medium-Term Market Trend

The car market in Luxembourg between 2010 and 2019 hasn’t had any major fluctuations, with year-on-year variations moving between a -7.5% in 2013 and a maximum of +6.6% in 2014. The market reached a peak in 2019 at 54,749 sales.

The following year the pandemic arrived causing the car market in Luxemburg to collapse 17.6% reaching 45,097 sales by the end of 2020, lowest level of sales of the decade.

Post-Covid in 2021 sales grew back slightly reaching 47,156 (+4.6%). While in 2022 sales dropped 10.7% to 42,087.

The car market in 2023 will have to confront some issues within automotive industry that put negative pressure on sales: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and Governments push towards Evs, an expensive alternative for low income consumers.

Tables with sales figures

In the tables below we report sales for all Brands and top 10 Manufacturers Group.

Market Trend and Outlook

The Chinese economy is on track to meet the government’s 2023 growth target, reflecting a strong post-COVID recovery. Real GDP is projected to grow by 5.4 percent in 2023 and slow to 4.6 percent in 2024 amid continued weakness in the property sector and subdued external demand.

China’s credit-fueled growth in recent years was accompanied by widening imbalances and rising vulnerabilities. Excessively high household savings were used to finance infrastructure and residential investment with diminishing returns, resulting in elevated debt levels.

The Chinese auto market has shown signs of slower growth in 2023, with YTD figures at 17.80 million down 2.3% from the previous year. In October 2023 sales grew 9.7% after falling for 4 consecutive months, reporting 2.08 million new sales.

Looking at cumulative data up to October 2023, brand-wise the Chinese EV manufacturer BYD becomes the leader for the first time with 2.04 million sales (+52.6%), followed by the Volkswagen -down 1 spot- in 2nd at 1.77 million (-6.3%).

Toyota falls 1 spot into 3rd with 1.42 million sales  (-6.8%), followed by Honda with 959,669 registrations (-18.2%), Changan with 932,498 sales (+7.4%) and Geely with 794,676 units sold (+8.2%).

In 7th place ranks BMW with 651,207 sales (+4.4%), followed by Mercedes -up 1 spot– with 614,016 (+0.2%), Audi -up 4 spots- with 575,192 (+8.7%) and Wuling closing the Top 10 with 544,021 sales (-9.2%).

Best selling models in China are the BYD Qin PLUS in 1st -up 6 spots- with 355,017 sales (+36.7%) and the Tesla Model Y in 2nd -up 3 spots- with 346,462 cumulative units sold (+20.9%).

Medium-Term Market Trend

The Chinese vehicle market is the largest in the world and in the last decade it has maintained an overall positive trend. Starting from 14.0 million sales in 2011 the Chinese light vehicle market grew 7 years in a row reaching an all time high in 2017 with 25.6 million registrations. The following 2 years were both negative taking the market sales to 22.5 million in 2019.

The arrival of the pandemic in 2020 blocked the world economy making demand for cars fall world wide. The Chinese market stood its ground dropping only 5.9%, a smaller fall compared to 2019 (-7.6%), taking sales down to 21.2 million.

Post-covid the Chinese vehicle market recovered immediately with sales rising 4.0% in 2021 and 1.0% in 2022. Despite the overall trend in 2022 being positive, the last 3 months all reported losses, a negative trend that will probably continue into 2023.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Belgium Auto Sales in October 2023 booms 26.7%, growing for the 15th consecutive month and reporting 38,538 new registrations. YTD figures at 413,121 are up 32.6% from the previous year.

Tables with sales figures

In the tables below we report sales for all Brands and top 10 Manufacturers Group.

Danish Auto Sales in October 2023 grow for the 10th month in a row, with new registrations at 13,227 (+21.9%). YTD figures at 137,191 are up 14.4% from the previous year. Tesla becomes the best selling brand (+618.0%).

Market Trend and Outlook

The Danish economy has been on a remarkable growth journey, which has boosted employment to the highest level ever. The current account surplus has thus risen sharply and public finances have been positive for six years running.

However, signs of an impending slowdown are starting to show, not least through the higher interest rates and downturn in key export markets. This is expected to push the Danish economy into a new phase, with lower activity and growing unemployment. However, the dampening will be relatively mild and soon replaced by renewed progress during 2024.

The Danish Auto Market is the perfect example of this growth, with sales in October 2023 growing for the 10th month in a row and reaching 13,227 new sales (+21.9%). YTD figures at 137,191 are up 14.4% from the previous year.

Looking at cumulative data up to October 2023 brand-wise, the leader is still Tesla -up 17 spots- with 15,838 sales (+618.0%), followed by Volkswagen with 13,312 registrations (-0.4%) and Audi -up 6 spots- with 11,333 units sold (+72.9%).

In 4th position ranks Toyota at 9,664 sales (-12.2%) in front of Skoda with 7,698 registrations (+7.3%), Peugeot with 7,674 units sold (+4.5%), Hyundai -down 1 spot- with 6,953 sales (-0.7%) and Mercedes -down 5 spots- in 8th at 6,936 (-25.7%).

Ford maintains 9th position with 6,394 sales (+0.9%) and BMW closes the top 10 with 6,225 new registrations (-3.0%).

Looking at specific models the Tesla Model Y sold the most cars reporting a 711.3% increase from the previous year, followed by the Peugeot 208 which grew 53.4% in yearly volume.

Medium-Term Market Trend

In the past decade the Danish auto market has had 2 main trends. In the first part of the decade the market grew almost doubling in volume, starting in 2010 at 141,505 and reaching an all-time high of 231,551 sales in 2016. The trend inverted in 2017, starting a long downtrend, that would be interrupted briefly in 2019 with a 3.6% growth to 225,219 sales.

In 2020 arrived the pandemic that caused many European markets to collapse, and the Danish one was no exception, falling 12.1% to 198,034 new car sales.

The fall continued through 2021, reporting a 6.4% loss, and 2022, which lost another 20% from the prior year. A combination of factors are behind the current industry struggle: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and Governments push towards Evs, an expensive alternative for low income consumers.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group, and Top 10 models.

Market Trend and Outlook

Germany is the fourth largest economy in the world after the United States, China and Japan and the largest economy in Europe. It is the third largest export nation globally: With 70% the service sector contributes the largest part to the country’s GDP.

On an annual basis, the economy is now projected to shrink by 0.4% in 2023. This is a downward revision compared to the 0.2% growth projected in the Spring Forecast. A weak overall outturn for consumption and a decline in construction investment are forecast to negatively impact growth, despite support from an uptick in equipment investment. While weak external demand depresses exports, net exports are expected to contribute positively to growth due to falling imports.

Despite the last few months performing worse than in the earlier part of 2023 the German Car Market still maintains strong momentum. In October 2023 it grew for the 8th month this year, with new registrations at 217,905 (+4.9%). YTD figures at 2.34 million are up 13.6% from the prior year.

Looking at cumulative data up to October 2023 brand-wise, Volkswagen sold the most cars at 426,644 (+11.2%), followed by Mercedes at 232,960 (+24.1%) in front of Audi at 205,396 (+21.4%) and BMW with 187,296 sales (+11.3%).

Skoda ranks in 5th position with 138,373 sales (+15.0%), followed by Opel at 119,588 sales (+4.5%), Ford at 100,375 (-3.0%) and Hyundai with 86,978 new registrations (+3.5%)

Seat jumps 4 spots into 9th position with 70,844 sales (+24.5%), followed by Fiat  closing the top 10 with 65,305 new registrations (+9.9%).

Looking at specific models the Volkswagen Golf is the best seller despite losing 7.8% in year-on-year sales, followed by the Volkswagen T-Roc up 19.6% from the previous year.

Medium-Term Market Trend

The German car market is the largest in Europe and has had many ups and downs in the past decade. Starting from 2010 to 2013 the German market remained between 2.6 million ant 2.8 million, with year-on-year variations not exceeding 7% in both directions. In 2014 started a 4 year uptrend that brought all-time highs for 3 years in a row, reaching a maximum in 2017 at 3.51 million. Between 2018 and 2019 the market grew even higher reaching the 3.6 million mark in 2019.

The arrival of the pandemic in 2020 caused big problems in European economies and the German car market felt the consequences, falling 19% back under the 3 million level.

After the pandemic the downtrend continued, with the market falling 10% in 2021 and staying relatively flat in 2022 (+1.0%). A combination of factors were behind the industry struggle: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and Governments push towards Evs, an expensive alternative for low income consumers. These factors will continue to pull down sales in 2023.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.

Argentina Auto Sales in October 2023 grow for the 16th consecutive month, with 39,648 new registrations and a 42.3% year-on-year increase in sales. YTD figures reach 368,191 up 16.7% from the prior year.

Market Trend and Outlook

The Argentinian Vehicle Market in October 2023 grows for the 16th consecutive month, reporting 39,648 new registrations and a 42.3% year-on-year increase in sales. YTD figures reach 368,191 up 16.7% from the prior year.

Looking at cumulative data up to October 2023 brand-wise, the leader is Toyota with   80,921 sales (+17.7%), followed by Fiat at 50,137 (+7.2%), in front of Volkswagen with 47,335 light vehicle registrations (+22.3%).

Renault maintains 4th position with 43,353 sales (+26.6%) followed by Peugeot  at 37,605 (+31.0%), Ford with 31,730 (+49.5%) and Chevrolet -down 1 spot- with 27,128 new light vehicle sales (+12.3%).

Nissan maintains 8th position with 16,303 sales (+38.0%), in front of Citroen in 9th with 10,459 (-4.9%) and Jeep closing the Top 10 with 7,809 sales (+1.1%).

Looking at specific models the Fiat Cronos remains the best seller with an 34.5% increase in year-on-year sales. In second ranks the Peugeot 208 which grew 65.2% in yearly volume.

Medium-Term Market Trend

The Argentinian light vehicle market had many ups and downs in the last decade, rising to 917,777 sales in 2013 and collapsing 25.4% in the following year to 684,459 new registrations. Sales fell to 633,740 in 2015 and began to recover up to 863,556 in 2017. 2018 and 2019 both reported losses with the later falling 42.9% reaching the lowest of the past decade at 438,590.

The arrival of the pandemic in 2020 worsened the situation causing the market to fall another 30.7% to 303,793.

Post-covid the Argentinian light vehicle market is showing signs of recovery with 2021 ending at 355,793 sales (+17.1%) and 2022 totaling 392,533 sales, a 6.5% growth from the prior year. The momentum gained in the second half of 2022 continues into 2023, with the first months of the year reporting strong growth.

Despite the great performance in the last few years, there are a few factors that  will put negative pressure on the market throughout 2023: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and the Governments push towards Evs. This last point isn’t as important now as it will be in the future, considering that currently only 0.45% of market share in South America belongs to BEVs.

Tables with sales figures

In the tables below we report sales for top 10 Brands, top 10 Manufacturers Group.

The Polish car market is quite concentrated, with the first 10 models holding 28.1% market share and the top 20 models holding more than 41.5%.

Looking at the rankings up to August 2023, Toyota Corolla remains in pole position with 19,653 sales (+35.4%) and 6.3% market share. 

The Toyota Yaris maintains 2nd with 10,642 sales (+30.5%), followed by the Skoda Octavia -up 6 spots- with 10,119 units sold (+71.2%).

In fourth position ranks the Toyota Yaris Cross -up 8 spots- with 8,922 (+71.3%), followed by the Kia Sportage  -down 3 spots- with 8,255 sales (+0.5%).

The Hyundai Tucson ranks in 6th, with 6,698 units sold (-2.6%), followed by the Dacia Duster with 6,383 sales (-9.8%) and the Toyota C-HR -down 2 spots- with 6,203 registrations (-10.8%).

Further down the leaderboard, the Volkswagen T-Roc ranks in 9th with 5,769 sales (+3.4%) and the Toyota RAV4 falls 6 spots into 10th with 5,118 new registrations (-31.6%).

Tables with sales figures

In the tables below we report sales for top 20 models.

Luxembourg Car Market in December falls after a 4 month uptrend, with 3,131 new registrations (-48.2%). 2022 totals 42,087 sales, a 10.7% loss from the prior year.

Market Trend and Outlook

The Auto Market in Luxembourg in December collapsed after an uptrend in the previous 4 months, reporting 3,121 new registrations (-48.2%). Cumulative sales from 2022 reach 42,087, a 10.7% loss from the prior year.

Looking at cumulative data from the first 11 months of 2022 brand-wise, Volkswagen is still the leader with 4,964 sales (-8.1%), followed by Mercedes with 4,060 (-13.5%), Audi -up 1 spot- at 3,799 sales (-9.4%) and BMW -down 1 spot- with 3,750 total sales (-17.9%).

5th and 6th position remain unchanged compared to 2021, respectively held by Peugeot at 3,330 sales (+13.5%) and Skoda at 1,937 (-17.6%). Opel jumps 4 spots into 7th place with 1,564 registrations (+5.0%).

Renault falls 1 spot into 8th with 1,562 sales (-26.9%), followed by Fiat in 9th at 1,545 (-17.9%) and finally Hyundai -down 1 spot- in 10th position with 1,411 cumulative sales (-19.7%).

Tables with sales figures

In the tables below we report sales for all Brands and top 10 Manufacturers Group.