In February, 43,723 cars were registered in Belgium and Luxembourg, 9.6% more than in February 2023. The rise can be attributed to more individual buyers, which is noticeable, given that there was no traditional motor show this year.

The registrations for individual buyers increased by 12.9%, representing 41.7% of total registrations, while they were 37.6% last year. Cumulated, there were 13.4% more car registrations for the first two months of this year compared to January and February 2023.

Light commercial vehicles (LCVs) rose 8.6% compared to February last year and 12.2% for the first two months. Trucks did well: trucks under 16 tons rose by 33.7% in February and by 63.1% for the two montsh cumulated. Heavy trucks (above 16 tons) increased by 13.5% and 12.2%.

When we look at the two-wheelers, they also started the year well: an increase of 11% in February, resulting in +8,3% for the two first months, the best start of the year since 2020.

Brand

BMW stays number one, increasing its sales by 19.6% in February 2024 compared to the same month last year. Volkswagen (-0.3%), Audi (+12.8%), and Mercedes (+6.2%) stayed in places two to four, but number five is now Toyota (+18.8%), Peugeot having slipped to ninth place (-25.3% in sales in February).

Once again, Tesla is the biggest surprise in the top ten, occupying the eighth place with a sales increase of 179.8% compared to last year. Dacia did very well too (6th place, +45%), doing better than mother company Renault (10th place, +0%), while Volvo (+18.9%) is also in good shape at 7th place.

Other remarkable climbers were Kia (12th, +28.2%) and Hyundai (14th, +24.5%), Mazda (18th, +52.2%), Suzuki (20th, +59%), Honda (26th, +128.1%), MG (27th, +78%), Polestar (28th, +123.9%), SsangYong (31st, +34.2%), BYD (32nd, +217.8%), and Lexus (33rd, +34.5%). At 35th place, we see Smart grow by 422.2%, but we’re talking very small numbers here (47 cars sold instead of 9).

The biggest loser in February is Stellantis again. We already mentioned Peugeot, but also Citroën (13th, -2.9%), Opel (16th, -35.5%), Fiat (23rd, -19.6%, ), Jeep (29th, -17.5%), DS (30th, -21.9%), and, finally, Alfa Romeo (34th, -37.9%). Other brands not performing well are Ford (15th, -22.1%), Mini (22nd, -20.7%), Jaguar (36th, -50.6%), and, last but not least, Lynk&Co (37th, -79.1%).

A quick look into the cumulated results for two months in 2024 gives almost the same results, with BMW leading the pack (+25.7% in cumulated sales), here followed by Audi (+42.4%), and then Volkswagen (+1.8%), Mercedes (+7.4%) being at fourth place and Volvo (+43.5%) a very good fifth. The rest of the top ten are Toyota (6th,+7.8%), Dacia (7th,+55.4%)), Peugeot (8th,-22.6%), Tesla (9th,+188.4%), and Skoda (10th, +18.5%).