The management of end-of-life vehicles (ELVs) has become a significant environmental and economic challenge due to the substantial volumes of hazardous waste generated. This article analyses sustainable practices in ELV management across Europe, with a focus on contributions to the circular economy. The systematic literature review, conducted for articles published in the period 2016–2024, identifies five topics: (1) policy and regulatory frameworks evaluations and suggestions; (2) economic and environmental benefits through optimization modelling; (3) trends and performances analysis; (4) advanced treatment technologies and their impact and (5) economic and environmental impacts assessments. The findings highlight the importance of state-of-the-art recycling processes and coordinated stakeholder efforts in improving ELV management outcomes. In addition, the correlation between ELVs recycling and gross domestic product (GDP) was analysed. Data analysis for 27 European countries in the period 2016–2021 shows a moderate correlation. Specifically, countries with stronger economies tend to produce more ELVs, distinguishing two clusters when GDP is 35,000 € per capita. By adopting best practices and innovative approaches, European countries can enhance their ELV management systems, support a more circular economy and sustainable development. This work highlights the possible correlation between GDP per capita and ELV recycling rates across the European Union, the identification of economic clusters, and the critical role that advanced recycling technologies play in improving sustainability.