With 37 552 new cars registered in Belgium and Luxembourg, November was the best since 2017 and scored 26,1% higher than in 2022. For the first eleven months of the year, this means a total of 450 960 new cars registered, 32% more than last year for the same period. More than 47% of them are also electrified, meaning that they are fully electric (BEV), plug-in hybrid (PHEV), or hybrid (HEV).

Where the light commercial vehicles (LCVs) are concerned, November was 17,2% better than last year, and for the first eleven months, 23% more LCVs were registered than in 2022. The heavy commercial vehicles did well too: +32,5% for the first eleven months for trucks under 16 tons, +21,4% for heavy vehicles above 16 tons.

November is not the easiest month to sell two-wheelers (-17,5% in November), but for the first eleven months, there’s still a positive balance: +4% with 24 683 units registered, more than in the entire year of 2022.

By brand

As usual, BMW is still leading the pack, selling 4 428 vehicles, 22,1% more than in November 2022, but it is being closely followed by Audi (4 016 cars, +64,4%) and Volkswagen (3 832, +44,1%). Mercedes occupies fourth place with 3 209 cars, and then there’s a severe gap to fifth place, where Peugeot (1 885 cars, -21,2%) has been overtaken by Volvo with 1 927 registrations (+56,3%).

Toyota (7th, +25,4%), Dacia (8th, +25,7%), and Skoda (9th, +50,3%) are also thriving, but Tesla (10th) stands out again with a 343,7% increase compared to November 2022. Renault, Kia, Hyundai, and Ford are doing well, too, in places 11 to 14.

But the brands that are shining in the lower regions of the market are Polestar (19th, +214,8%), Mazda (21st, +151,9%), Cupra (22nd, +72%), Land Rover (23rd, +85,4%), and MG (24th, +580%). Other winners are Honda (+337,9%), Lexus (+120,4%), BYD, Lotus, and Smart, but we’re still in low absolute numbers for the last two.

Losers in November have to be sought primarily in the Stellantis Group. We already mentioned the regress of Peugeot (relegated to 6th place), but there’s also Citroën (16th, -52,6%), Opel (17th, -38%), Fiat (27th, -62,5%), Jeep (30th, -29,4%), DS (31st, -50,3%), and even Alfa Romeo (32nd, -2,33%).

At Mini, clients are waiting for the new models (15th, -24,8%), while SsangYong (34th, -53%) and Lynk & Co (37th, -82,9%) are falling back really badly.

Cumulated

Looking at the results for the first eleven months of this year, we see BMW again leading comfortably (10,4% market share, +35,7% in sales), followed by Volkswagen (9,5%, +41,0%), Mercedes (7,5%, +22,9%), Audi (very close with 7,5% also, +38,2%), and Peugeot (6,3% market share where it was 8,1% last year, + 3,2% in sales compared to a market that did +32%).

The rest of the top ten are the usual suspects, but Toyota had to give its 6th place to Renault, while Volvo is eighth, Dacia ninth, and Kia tenth.

Remarkable is the 14th place for Tesla (with a market share that has been growing from 1% to 3,2%), the growth of Land Rover (22nd, from 0,8% to 1,2% market share), Cupra (23rd, 0,4 to 1% market share), and MG (25th, 0,2% to 0,9% market share).