The European car market enjoys its 31st consecutive month of growth in March, but an increase of 6% is the second lowest relative improvement of the last twelve months, just ahead of last October’s +2,9%. This can be partially attributed to Easter falling in March instead of last year’s April, which means we’ve had fewer selling days. On an even more positive note, the 1,7 million sales volume was close to the March 2007 level. As traditional, and as predicted last month, the UK posts a strong volume in March, helped by the twice yearly change to the new license plates, as the UK takes 30% of total EU sales this month, compared to about 18,5% over the course of a full year. UK sales were up 5,3%, while the French car market grew by 7,5% and Italy is still on fire with an increase of 17,4%. Germany is the outsider of the large markets with sales down by less than a tenth of a percent, one of six countries to lose volume.
If Fiat-Chrysler Automobiles was the big winner in February, it keeps doing well in March even though Renault-Nissan adds even more volume. BMW is among the winners this month as well, adding over 12.000 units on the same month last year. On the other side of the spectrum, Mitsubishi continues to lose volume, and is joined by Ford and Tesla this month. At Ford, slowdown of its core hatchback line-up is not offset by growth of its MPV and crossover models, while Tesla suffers from a general slowdown in Norway, its most important market, and from buyers waiting for the updated version of the Model S.… Continue Reading …
The future of mobility looks quite different from how we know it today, and most automakers are hedging their bets to make sure they’re part of that future, where they may no longer be called automakers but mobility providers. Autonomous driving, car-to-car communication sharing information like traffic conditions and a (at least partial) shift from ownership to a shared economy are among the most likely developments to become mainstream as soon as the next decade. And it’s not only the established automakers that are trying to establish their place in the future, it’s no secret that Apple and Google are aiming for a piece of the mobility pie as well. Although Google is testing with their own Google car, as well as with autonomous versions of existing models, their ultimate goal is not to produce their own cars and become a full-blown auto maker, competing with the likes of Ford, General Motors or Toyota, but rather to become a technology supplier and a mobility supplier, offering self-driving cars that would rival Uber in the ride-sharing business.
Sales of large SUVs in the US are back into positive territory as volume increased by just 1.2% in Q1 of 2016, after dropping 4.5% in 2015. The dominant brand in this segment is losing share as both of its entries lost volume, with the