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EU Auto Sector Soars: €91.6 Billion from Non-EU Sales

7/17/2025

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Summary

Story summary

In 2023, the EU automotive sector thrived, raking in €91.6 billion from non-EU consumers—a staggering 74% surge since 2010. The US emerged as the top contributor, accounting for 20%, while China and the UK followed closely with 16% and 15%, respectively. Meanwhile, Russia's share plummeted by 73%, highlighting shifting global dynamics.

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Story summary

In 2023, the EU automotive sector thrived, raking in €91.6 billion from non-EU consumers—a staggering 74% surge since 2010. The US emerged as the top contributor, accounting for 20%, while China and the UK followed closely with 16% and 15%, respectively. Meanwhile, Russia's share plummeted by 73%, highlighting shifting global dynamics.