In the first quarter of 2015, the year-over-year growth of the car market accelerated every month, but that streak ended in April, when car sales increased “just” 6,5% to 1,2 million units, taking the year-to-date improvement to 7,85% and 4.822.477 units. Still, it’s the 20th straight month of improvement, although the climb is much less steep than in the US, where the car market has already recovered to pre-crisis levels. All major markets contributed to the expansion, with huge differences between markets, as Italy grew explosively at +24,2% but France up a mere 2,3%.
Renault-Nissan continues its stellar performance, adding the most volume in April and also passing Volkswagen Group to become the biggest gaining manufacturer year-to-date. FCA also improved greatly, thanks to the expansion of its home market Italy, but also thanks to overall excellent results for Fiat (thanks to the 500X) and especially Jeep, while the Alfa Romeo and Lancia brands continued to lose volume.
The fastest growing manufacturers are the ones with a low volume base, like DRB-Hicom thanks to the resurrection of Lotus, followed by Tesla Motors and surprisingly Lada, which has recently resumed sales in the Czech Republic and Hungary. [Read more…]