Overview
- Ganvam projects new-car registrations to top roughly 1.20 million in 2026 and climb toward about 1.27–1.30 million by the end of the decade.
- Electrified passenger cars are forecast to exceed a 28% share in 2026 and approach half of new sales by 2030, supported by a vastly expanded model lineup.
- New largely Asian entrants already surpass 10% of registrations, with Spain joining the UK as a key European gateway and most sales concentrated in private buyers.
- The average new-car price has risen more than 45% since 2019, pushing purchases later and lifting the fleet’s average age above 14.5 years with first owners keeping cars 12.7 years.
- SUVs now account for more than half of registrations across channels, while rental operators face higher costs and constraints as they electrify fleets.