Goldman Sachs
June 5, 2026
Europe Automobiles
Sector ReportEquitiesMacro Economic IndicatorsConsumer Discretionary
European car sales saw 3.3% growth in May 2026, heavily supported by a 50% surge in BEV sales. BMW Group notably outperformed its peers in volume growth and market share gains.
Key Takeaways
- 1.Big 5 European car registrations grew 3.3% YoY in May 2026, driven by a surge in electric vehicle (BEV) sales despite lower working days.
- 2.BMW Group is currently outperforming the broader industry, showing increased market share and strong BEV order volumes.
Table of Contents
- Europe big 5 car sales overview
- Europe Macro charts
- Appendix charts
- Disclosure Appendix
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Authors
Robert TriulziChristian FrenesShivam KotechaMonika Mengting Liu, CFA
Securities
BMW GroupVOWG_P.DESTLAM
Themes
EV AdoptionAutomotive Overcapacity
Regions
EuropeFranceItalySpain