European Registrations: April 2026: Another decent uptick

Research evidence excerpt

European Registrations: April 2026: Another decent uptick

Deutsche Bank

Research

Europe Industry Date

North America 12 May 2026

European

Autos Industry Update

Auto Manufacturing Registrations

April 2026: Another decent uptick

Tim Rokossa

April 26: Another decent uptick Head of Research

Registrations of cars in April came in just over 1.0mn units, +7% y/y (source: +49-69-910-31998

GlobalData) in W. Europe off a weak base. Thus, ytd volumes have reached around

Christoph Laskawi

4.2mn units, +5%. Selling rate in the region has slightly come down to 12.0mn/yr Research Analyst

from March's ~12.2mn/yr. However, given the stronger selling rates in February +49-69-910-31924

and March, ytd selling rate is trending around 12.1mn/yr. April volumes are about

Nicolai Kempf

17% less than April 2019 (-17% ytd as well). Sales across the region was mainly

Research Analyst

driven by demand for BEVs underpinned by the scrappage incentives in some

+49-162-5168792

countries as well as due to affordable new models, especially from China, according

to GlobalData. So far this year has posted solid gains for car demand in the region. Nikita Papaccio

However given the rising energy prices arising from the Middle East conflict could Research Analyst

+49-69-910-48637

taper down consumer sentiment. This coupled with potentially higher rates to curb

inflation by the ECB can slowdown the gains so far seen in the region, over the rest Bodhie Fernando

of the year. We anticipate that the W. European car market will reach just over Research Associate

11.9mn units this year, resulting in a marginal gain in registrations, while

production could be flat to slightly down (see outlook). The European Auto Edison Yu