After looking at the May 2018 brand sales ranking, let’s take a closer look at which models were moving up the charts. For the first time since June 2017, market leader Volkswagen Golf is down year-on-year but it still sells over 40.000 units this month. Its crossover sibling Tiguan more than offsets this loss with a 18,6% gain, moving into 4th place and best selling crossover. Its rival and the usual suspect for that title Nissan Qashqai is down into 3rd place of that subsegment behind the Renault Captur, respectively in 8th and 9th place overall. [Read more…]
In May 2018, sales of passenger cars in Europe were virtually flat at +0,8% after an almost 10% gain in April. A total of just over 1,4 million vehicles were sold in this period, bringing the year-to-date total to just over 7 million in five months, an increase of 2,4%. The major EU markets showed very diverse results, with Spain (+7,2%) and the United Kingdom (+3,4%) in the black, while Germany (‐5,8%) and Italy (‐2,8%) saw their demand for cars decline in May. Sales in France (+0,1%) were flat. Fastest growing markets were Romania (+43,3%), Bulgaria (+34,6%) and Lithania (+32,6%), the only three markets posting growth of more than 17,5%. In the negative was most notably Iceland (-25,7%), but also Norway (-8%), Czech Republic (-4,8%), Luxembourg (-3,1%) and Switzerland (-2,1%).
The market for domestic passenger car sales in China continues to grow in the first half of 2018, with another 8,5% gain in May to nearly 1,85 million sales. That brings the year-to-date gain to 6,75% with 9,76 million cars sold in five months. The Seasonally Adjusted Annualized selling Rate in May stood at 24,4 million, the lowest of the year so far but up by 2,2 million on May of 2017. [Read more…]
After looking at the April 2018 car brand sales in Europe, let’s look at individual model sales. The Volkswagen Golf remains unbeatable and is as usual followed by three subcompacts, with the Renault Clio as its closest rival for the fifth time in seven months, just ahead of the new Volkswagen Polo and the new Ford Fiesta, both of which outperform the Clio in terms of year-over-year growth. In fact, the Fiesta is the best performer in the top-10 with a growth rate of almost a third on its slowest April in decades, just as the new generation was arriving in showrooms. The Volkswagen Tiguan is the best selling crossover again as the Nissan Qashqai suffers from a fallback after its excellent performance in March. [Read more…]
European sales of passenger cars rebounded strongly in April 2018 after the first loss of the year in March. 1,34 million cars were sold in Europe this month, an increase of 9,7% on April 2017, when sales declined 7,2% on a 19,8% loss in the UK market due to an increase in the Vehicle Excise Duty that month. Accordingly, the UK is up by 10,4% this April, its first year-over-year improvement since March 2017 when sales were pulled forward in anticipation of the tax hike. Whereas the UK is traditionally the #1 European market in March, as it was this year as well, in April it is down to #4 in terms of volume, behind Germany (+8%), France (+9%) and Italy (+6,5%). Spain even outgrew the UK in April with a gain of 12,3%.
Another double digit gain for domestic passenger car sales in China which show no sign of slowing down as many analysts expected. A total of 1,9 million cars were sold in April, an increase of 14,2% over the same month in 2017. Year-to-date sales are now up 6,2% to 7,9 million cars. The Seasonally Adjusted Annualized selling Rate in April is stable at 24,8 million, similar to January and March and up from 21,2 million in April of last year. [Read more…]