Sales of exotic cars in Europe increase 13% in 2017 to 6.776 units. For the first time the Ferrari 488 takes the annual segment crown, its predecessor 458 Italia never took the title so the last time a Ferrari was the best selling exotic car in Europe was in 2009, the last year of the F430. This is the first time in six years the Bentley Continental GT does not top the exotics sales charts, and the difference between the two models was just 7 sales as the Continental made a final sprint in an attempt to reclaim the lead. A new generation of the Bentley is due in 2018 so the tables are likely to be turned again this year. In third place we find the Aston Martin DB11, the segment leader in the first quarter of the year. This top-3 controls 63% of the segment and they’re the only models with four-figure sales in Europe. Best of the rest is the Lamborghini Huracan, up 25% to improve sales every year since its launch, as well as setting a new annual sales record for any Lamborghini model in Europe, beating the Gallardo’s 629 sales in 2007. The Aston Martin Vanquish is up 45% but falls 20 sales short of breaking its annual sales record from 2013 when the current generation was just launched. That helps it become the best selling V12-only model ahead of the Lamborghini Aventador, down 13% and the Ferrari F12, down by a third as its replacement 812 Superfast arrived in showrooms. The Rolls Royce Dawn convertible slightly dips but remains ahead of the Wraith coupe. The Honda NSX sells just an average of 10 units a month in its first year. Lastly, Bugatti delivered 16 unique copies of the Chiron in Europe last year, one shy of the Veyron’s peak year of 17 deliveries in 2007.
EV and PHEV sales in Europe have set another record in 2017 with a 33% increase to top 282.000 sales of plug-in vehicles, of which 132.000 full electric cars and 150.000 plug-in hybrid cars. Sales of the former surged 35% while PHEV sales spiked 31%. This means plug-in vehicles accounted for 1,8% of the European car market, up from 1,4% in 2016.
Sales of PHEV cars grow faster than any other segment, as new models like Prius Prime and Pacifica PHEV shine
Having analyzed sales of hybrid green cars in 2017, let’s look at plug-in hybrid electric vehicles, or PHEV for short. Sales of PHEV vehicles rose by 10.7% to 24,525 in the fourth quarter of 2017, while overall sales in 2017 rose by 31.7% to 85,111. Such a prodigious growth rate makes this the fastest-growing of all types of vehicles, beating out electric [Read more…]
Chevrolet Corvette leads segment decline, despite Q4’17 sales surge from Porsche 911 and Mercedes-AMG GTSales in the sports large and exotics segment returned to growth in the fourth quarter (sales up 1.2% to 13,709), although overall sales in 2017 still fell by 7.0% to 51,278. Once you exclude Chevrolet Corvette, which accounts for more than half the sales in the segment, the outlook is much more rosy, with Q4’17 growth of 20.0% and a year-on-year [Read more…]
Sales collapse of segment-leading Chevy Corvette leads segment to unexpected Q3 sales dropSales of Large Sports Cars and Exotics suffered an unexpected collapse in the third quarter of the year – after declining by around 5% in the first two quarters of the year they fell by 23% in the third quarter. Time will tell if this is a sign of tough times ahead, or possibly a temporary correction after two strong quarters. The lack of new metal won’t help – while the new Lexus LC is proving a big hit with buyers, many of the segment stalwarts are rapidly moving past their “sell by” date (Mercedes-Benz SL, Maserati GranTurismo).
After a slight decrease in the second quarter of 2017,sales of exotic cars in Europe have returned to double digit growth with a 10% increase in the third quarter. As a result, the year-to-date figure is still up 16% to just over 5.500 units. The all-new Aston Martin DB11 has already lost the segment lead it took in the first quarter, as it was down into third place in both Q2 and Q3. The best seller in the third quarter was the former segment leader Bentley Continental GT, even though the next generation of that model has already been revealed and will hit showrooms in 2018. The current generation lost 13% of its volume in the third quarter. The Ferrari 488 was up 13% in Q3 and holds on to its top spot for now, but it will be a tight race with the Continental GT if the latter keeps up its momentum. If the Bentley manages to top the ranking again this year, it would mark the 6th consecutive year the model will do so. For the 488 it would be the first time in its career. Its predecessor 458 Italia never took the title, as the last time a Ferrari was the best selling exotic car in Europe was in 2009, the last year of the F430. The only other model to sell over 150 units in Q3 is the Lamborghini Huracan, up 8% on last year.
After a booming first quarter of 2017, sales of exotic cars in Europe have stabilized with a 2% decrease in the second quarter. First half sales are still up, but by “only” 18%, to 3.951 units. We already had a new segment leader in Q1 with the all-new Aston Martin DB11, but in Q2 we crown yet another new leader, as the Ferrari 488 has topped the charts for the first time in its career. Ever since it replaced the former segment leader Ferrari 458 Italia, the Bentley Continental GT had topped the charts. Until this year, that is. After a stable Q1, the Continental loses 23% of its volume in Q2, which leads to an 11% loss year-to-date. The next generation will be revealed at the Frankfurt Auto Show in a few weeks time and will arrive in Bentley showrooms next year. The DB11 slows down slightly in the second quarter and was even outsold by the Continental GT in Q2 (by just 6 sales), but is expected to rebound later this year when deliveries of the AMG V8 twin turbo engine pick up steam. The only other model in the segment to sell more than 100 units per quarter is the Lamborghini Huracan in fourth place with a 12% increase in the first half.
Having analyzed the Electric Vehicles and the Plug-In Hybrid segments, let’s look at the final Alternative Power segment: regular hybrids. This segment is the most well-established of the three, with sales in the first half of 2017 almost twice as high as sales in the other two segments combined. As a result, the growth in the segment was not as high as for the other two, but 24.9% is nothing to be sneered at, as it was still higher than any non-Alternative Power segment bar the SUV Premium Compact segment.
Having analyzed the Electric Vehicles segment, let’s look at plug-in hybrid electric vehicles, or PHEVs for short. The segment enjoyed a growth rate of 61.6%, the highest of all segments, though its total sales remain below those of pure Electric Vehicles, at just over 40,000 in the first half of the year.
Sales of Alternative Power cars in the United States increased by a substantial 32.2%, a rate of expansion considerably faster than that of the second fastest-growing segment, SUV Premium Compact. Comprising of regular hybrid, PHEV (plug-in hybrid electric vehicles) and EV (electric vehicle) segments, Alternative Power cars ended the first half of 2017 with almost 260,000 cars sold, more than the Subcompact segment, and not far off the Minivan segment. For accounting purposes, keep in mind that we classify many of the Alternative Power cars in other segments too e.g. Toyota Prius liftback figures in the Compact segment, while Ford Fusion PHEV figures in the Mid-sized segment. At least part of the reason for this growth is that EVs and PHEVs continue to benefit from Federal and State rebates, which lower their price even before consumers consider the lower cost at the pumps/mains.
First, let us look at the EVs segment, which grew by 41.2% in the first half of 2017, to a total of 45,150 cars.