After looking at the December 2017 car brand sales in Europe, let’s take a closer look at individual model sales figures. A historic moment in the top-3: behind traditional leader Volkswagen Golf, Renault manages to set 2 models onto the European monthly podium for the very first time ever with the Clio in its usual #2 spot and the Captur in a [Read more…]
European sales of passenger cars in December were down for the third time in 2017, at -4,83% to nearly 1,13 million sales, even below the December 2015 figure. The major explanation for this decline is having one less working day compared to December 2016. Crossovers and SUVs bucked the trend and booked a 9,4% increase in sales to reach a record 32,9% share of the European car market, indicating this type of vehicle is on schedule to claim more than one third of the market in 2018. Sales of cars were down 10,4% to 57,5% of the market, a new low and the 6th consecutive month below 60% which had never happened before. MPV sales were down 11,8% in December to 9,6% of the market.
Sales of domestic passenger cars in China were slightly down in December 2017 as expected after record volume in the same month last year. With a volume of 2,59 million sales, the volume was down by 0,4%, the third month of decline in 2017. On the positive side, this is the highest volume of the year, as consumers pulled forward their orders for small cars (engines of 1,6 liters or less), as the sales tax on these cars returned to their normal level of 10% as of January 1st, up from 7,5% in 2017. We’ll discuss the full-year 2017 figures in a separate post, and will focus on December here: the only segment to show growth was that of crossovers and SUVs again, although even their growth has slightly slowed down [Read more…]
After discussing the US auto brand sales ranking for December, let’s zoom in on the models ranking.
America’s best selling car Ford F-Series missed just out on 90,000 sales in December, the first time it would have hit that number in more than a decade. Nonetheless, it ended 2017 on a high as it recorded fourth best year ever, after 2001, 2004 and 2005. Its closest rival Chevrolet Silverado gained almost a quarter of its volume on December of last year, but that wasn’t the best performance in the Top 10. [Read more…]
After discussing European car sales for December 2016 by brand, let’s check out what the model ranking looks like in the last month of 2016. Renault amazingly places 3 models in the top-7, with the Clio, Captur and Megane, all showing double digit improvement. Volkswagen managed this same feat in August (when it had 3 models in the top-6) and October with the Golf, Polo and Tiguan, but for the French brand this is a much more unusual performance. In its fourth year, the Captur just keeps improving even without any updates, while the Clio had its best December since 2010 thanks to a minor facelift and the Megane has its second-best month in 4,5 years after last June, now that the new generation is picking up steam including the station wagon version. As a result, the Megane is not that far behind its rival Opel/Vauxhall Astra, hinting at an interesting battle between these two in 2017, a battle which will undoubtedly hurt the segment (and total market) leader VW Golf. The Volkswagen Tiguan makes it five top-10 finishes in a row, of which it outsold its rival Nissan Qashqai four times.
The Opel/Vauxhall Corsa drops out of the top-10 for the first time in 16 months with a 13th place, its lowest ranking in at least a decade. The Peugeot 2008 (#16) keeps improving since its facelift and stays well ahead of the Opel/Vauxhall Mokka (#24), which feels the Dacia Duster (#25) breathing down its neck. The Peugeot 308 barely holds on to a top-20 position but its 51% loss looks worse than it is. [Read more…]
European car sales in December 2016 showed the 10th gain of the year at +2,6%. A total of 1.180.704 new passenger cars were registered last month, just a handful more than the month before. This also makes this the highest December volume on record, indicating the days of crisis are now well and truly behind us. Almost all major markets showed improving sales, with the Southern European leading the way once again: Italy (+13,1%), Spain (+9,3%), France (+5,8%) and Germany (+3.7%) outperformed the market, while the UK (‐1.1%) dropped slightly. Four other countries lost volume in December, and did so with double digits: tiny Cyprus lost 14,7%, even tinier Iceland lost 16,2%, but both were below 1.000 sales. More worryingly were the losses for Greece (-30,1%) and The Netherlands (-48,1%), but the latter was a result of a change in the taxation of company cars by January 1st, 2017. From now on, only EVs will receive a discount on the taxation, and Plug-in hybrids and other fuel efficient cars will no longer be elligible. This also resulted in a 30% share of plug-in cars in the Dutch December sales figures! [Read more…]
It’s only fitting to see the Chinese car market end 2016 with yet another sales record broken: for the first time in history, more than 2,6 million cars were sold in the People’s Republic in a single month. To put this in perspective: this is almost as many cars as were sold in the UK in all of 2016, and over 900.000 units or 54% more than the 1,69 million cars US auto dealers sold in December, both figures are also records by the way. In relative terms, December’s 9,3% growth rate was the smallest since April and only the third time in 2016 the Chinese car market grew by less than double digits. Part of the explanation for this is that December 2015 was already a monster month, but still the Seasonally Adjusted Annualized Selling Rate came in at 25,1 million units, lower than the 3 months prior, reflecting December is traditionally the biggest selling month for Chinese car dealers. The sales tax break from 10% to 5% on vehicles with engines smaller than 1,6 liters which has fueled the market since October 2015 and which had been anticipated to be cut for 2017 will be phased out slowly to soften the blow next year. In 2017 these vehicles will incur a 7,5% sales tax before going back to 10% in 2018. Still, a more moderate growth rate is expected for 2017, especially in the first quarter. Then again, this is what experts have been predicting for a few years now, and somehow the market keeps proving them wrong. [Read more…]
Car sales in Europe increased 9% to 14,1 million units in 2015, which was better than expected, and means 1,2 million additional sales for a market still suffering from overcapacity. However, as both the US and China broke new sales records last year, Europe is still about 2 million sales off its peak of over 16 million sales in 2004 and 2005.
As I mentioned in the December 2015 European car sales analysis, the diesel scandal has had very limited effect on the sales of the Volkswagen Group, as it remains the #1 manufacturer by far and even adds the most volume of all at close to 200.000 additional sales, even though that means a slower than average relative growth of +6%. Renault-Nissan performs almost as good or even better, depending on how you look at it: its 11% growth is pretty impressive, but its 190.000 additional sales mean that the gap between the VW Group and the French-Japanese alliance is still growing. [Read more…]
The European car market has finished 2015 with a bang, at +14,75% in December to 1,14 million sales. This is the highest year-on-year improvement of any month in 2015, and beats November’s +13,25% both in terms of growth and in absolute figures.
French manufacturers Renault-Nissan and PSA added the most volume, followed by Ford Motor Corp., as Volkswagen Group added only 4.592 sales or 1,9% in December, but remains the biggest winner of 2015. That means we can conclude that the diesel emission scandal has had only a limited effect on the manufacturer’s sales in Europe, even though all of its brands gain less than the overall market and Seat (-3.062 sales) and Porsche (-12,6%) are even among the biggest losers in December.