Sales of passenger cars in Europe increased by 7,5% in July 2018, the second largest increase of the year so far, also helped by an extra selling day compared with July 2017. A total of nearly 1,28 million vehicles were sold during this month. The major EU markets showed very diverse results, with Spain (+19,1%) and France (+18,5%) showing the biggest growth of the top 5 markets. Germany also showed healthy growth at +12% while car sales in Italy were up 4,4% and the UK was up 1,2%. Lithuania is the fastest growing market with an increase of 56,4%, followed by Croatia (+43,7%) Romania (+34,2%), Portugal (+26,1%), and Poland (+25,7%).
In the first half of 2018, European passenger car sales are up 3% to 8,6 million, with new EU member states contributing the most at +11,4%. Among major markets, Spain (+10,1%) is the biggest gainer, followed by France (+4,7%) and Germany (+2,9%) while sales in Italy (-1,4%) and the UK (‐6,3%) are falling. Crossover sales are up 22,9% in the first half, while car models lost 3,1% and MPVs lost 17,5%.
In June 2018, sales of passenger cars in Europe increased by 5,5% after an almost flat May. A total of just over 1,6 million vehicles were sold in this period. The major EU markets showed very diverse results, with positive scores for France (+9,2%), Spain (+8%) and Germany (+4,2%), but losses for United Kingdom (-3,5%) and Italy (-7,3%). Sweden is the fastest growing market with an increase of 72,9% as consumers have pulled forward their car purchases in anticipation of a tax change which has gone in effect July 1st. This change benefits green vehicles but makes gas guzzlers more expensive, with an overall increase expected. This makes the 66.244 vehicles sold the biggest month in history for the Swedish car market and makes Sweden the #6 market in Europe this month. Other fast growing markets in June were Romania (+52,4%), Hungary (+30,6%), Croatia (+24,3%) and Greece (+24%). In the negative were most notably the tiny markets of Cyprus (-25,4%) and Iceland (-17,4%), as well as Ireland (-10,6%).
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%).
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%.
After looking at the March 2018 car brand sales in Europe, let’s look at individual model sales. After having its long-time streak on top of the ranking broken exactly one year ago when the Ford Fiesta briefly finished in the top spot, the Volkswagen Golf seems stronger than ever with a lead over over 14.000 sales over its closest rival as it’s the fastest growing nameplate in the top-15. Traditionally strong in March due to its sales leadership in the UK market, the Fiesta is back up into second place ahead of the Renault Clio but not with the kind of margin we’re used to, especially considering the little Ford is still brand new and the Clio is starting to age. [Read more…]
In the first quarter of 2018, European passenger car sales are up just 0,8% to 4,26 million, with Spain (+10,5%) as the biggest contributor to the growth, with Germany (+4%) and France (+2,9%) also in the black, while car deliveries declined in Italy (-1,5%) and most notably the UK (-12,4%). The new EU member states showed strong growth of 11.9% so far this year. Crossover sales are up 18,7% in Q1, while car models lost 4,3% and MPVs lost 20,7% as automakers are replacing their MPVs with crossovers to follow a shift in demand.
In March, European sales of passenger cars declined for the first time in 2018 and for the fourth time in 12 months. A loss of -4,7% means 1,83 million cars were sold in Europe this month, traditionally by far the biggest month of the year (see graph), due to the influence of the UK market, where the twice yearly license plate change (now to the “18” registrations) pushes car sales to a peak. As a result, the UK is the biggest market in Europe in March, taking 25,8% of the total market compared to just over 16% over the whole year. The 15,7% decline in UK car sales this month represents 87% of the total European loss as the rest of the European markets combined were down by just 0,9% in March. Among the major markets, new car sales also declined in Italy (-5,8%) and Germany (-3,4%), but France (+2,2%) and Spain (+2,1%) posted growth.