Some two weeks ago Sergio Marchionne, one of the industry’s most polarizing figures, presented to investors the five-year plan for the Fiat Chrysler Automobiles (FCA) group. A lot of ink has already been spilled analyzing the announcements, as well as models and whole brands missing from the presentation, so we won’t aim to add to that at this [Read more…]
Sales of Exotic cars have all but come to a halt in the last quarter of 2015. Sales were up 5% in the first half of the year, but then the fortunes changed: -13% in Q3 and a worrying -44% in Q4, leading to a full year total of 18,277 sales, down 16.6% on 2014. The pain in the last quarter is shared by all brands, but even for the full year there’s only one brand that shows volume growth, plus one limited edition sports car. Perhaps the slowdown is due to the fact that the two best selling brands in the exotic car segment are introducing their first SUV in 2016. [Read more…]
Sales in the Exotic segment fell by 13% in the third quarter of the year, on the surface a dramatic reversal of fortunes for a segment in which sales were up 5% in the first half of the year. However, upon clearer inspection this fall is driven mostly by a 17% drop in sales for the Maserati brand, whose models account for well over half of sales in the segment. [Read more…]
The Exotics segment grew by 5% compared to the first half of 2014, roughly in line with the whole industry. The problem with the headline figure is that it encompasses the whole of the Maserati brand, none of which are arguably exotic, but end up here because Maserati is the largest brand that does not break out their sales in the US.
So, excluding Maserati, the largest Exotic brand remains Bentley with over 1,200 sales in H1 2015 – even the 8% fall year-on-year was not bad for what is arguably a rather aged line-up by now. Still, it is reasonable to expect the sales figure to shoot up like crazy in a year or so when the Beluga… sorry, Bentayga goes on sale. For now, though, the brand was almost caught in sales terms by Ferrari, which is on course to go even better than its 2014 record of over 2,000 units sold in one year. The prancing horse is certainly doing better in the US than its main rival Lamborghini, who recorded less than half as many sales and lies in 5th despite a healthy 11% growth following the introduction of the Huracan. [Read more…]
The exotic car segment is up an encouraging 8% after the first nine months of 2014, thanks to an excellent third quarter, as total segment sales were down after the first half. This recovery is entirely due to the incredibly successful launch of the BMW i8, BMW’s new electric sports car with gasoline range extender. I had already predicted that the i8 would lead the segment in 2015, but in fact it already was the best selling exotic car on the market in the third quarter of this year, enabling it to shoot up into third place year-to-date. What a remarkable performance of such a groundbreaking new vehicle!
The Bentley Continental GT has overtaken the Ferrari 458 Italia to take back its leadership of the segment in the third quarter. These two models combined account for almost half of all exotic car sales in Europe, making you think whether they still classify as exotics. [Read more…]
The European limousine segment continues its strong growth curve which is fueled by model changes of a few major players in the segment. The newly one-year old Mercedes-Benz S-Class accounts for 85% of the growth of the segment all by itself, and almost all of the growth when combined with the segment’s number two, the Audi A8.
As a result, the S-Class commands a whopping 42% share of the segment, two-and-a-half times as much as its nearest competitor. The rest of the ranking is completely stable in the third quarter, with the recently refreshed Audi A8 in second place and the Porsche Panamera completing the podium, as it did last year. Until the introduction of the Mercedes-Benz S500 plug-in hybrid, Porsche will be the only brand in this segment to offer a plug-in hybrid model.
The BMW 7-series is stuck in fourth place, where it’s likely to finish the year. That would make 2014 the first year ever that the 7-series is not in the top-3 of the limousine segment. The big Beemer is likely to shoot back up to the top of the ranking in 2016 when the new generation hits the market. [Read more…]
Sales of exotic cars in Europe are down again in the second quarter of 2014, leading to a 1% decline for the first half. Almost all models are down, while the Ferrari 458 Italia is up 4%, and as a result it moves back into the segment top spot for the first time since 2011, pushing the Bentley Continental GT down into second place.
The Mercedes-Benz SLS AMG is down 30% in the second quarter, as final deliveries of the car take place before it is replaced by a smaller model, the AMG GT which should compete with the Porsche 911. As a result, the Ferrari F12, despite sales down 33% for the first half, is closing back in on the third position it held last year. [Read more…]
If you thought the first quarter of 2014 was an impressive one for the limousine segment, the second quarter improves even further on that performance, with over 11.500 cars sold in those three months. Almost 5.000 of those, or 43%, are the recently renewed Mercedes-Benz S-Class, the supreme leader of the segment since forever. Well, with the exception of 2009 and 2012 that is, because the BMW 7-series took the crown in those years.
Even with this impressive performance, the S-Class isn’t anywhere near the levels the W220-generation managed around the new millennium, when that model topped 30.000 annual units three years in a row. Of course, the competition has grown significantly since, not only from new entrants in this segment, like the Porsche Panamera, but also from Luxury SUV’s, a segment that was virtually non-existent 15 years ago. [Read more…]
Sales of exotic cars in Europe are up slightly in the first three months of 2014, growing 5% after a similar 5% decline over the full year 2013. The compact sports car segment is down again as well, just 2%, while the Jaguar F-type is pushing sales of large sports cars up 13%.
The top of the exotics ranking is stable, with the Bentley Continental GT still in the lead, although the Ferrari 458 Italia is gaining ground, up 12% thanks to the “Speciale” version, compared to an increase of just 3% for the Continental GT.
The Mercedes-Benz SLS AMG is also up, despite being in run-out mode until the introduction of the AMG GT “Porsche 911-fighter”. It passes the Ferrari F12 which is down 40% compared to the first quarter of 2014 when it was just introduced and customer deliveries were at full steam. [Read more…]
Car sales in the limousine segment in Europe are up a whopping 44% in the first quarter of 2014 after a 19% decline for the full year 2013. And although 7 out of 13 nameplates in the segment show an increase of sales, the Mercedes-Benz S-Class takes almost 85% of the segment growth just by itself, thanks to the new generation introduced last year.
The S-Class is the clear leader of the segment, selling more than double of the second placed Audi A8. The A8 has leapfrogged both the Porsche Panamera and the BMW 7-series as it was only in fourth position by the end of 2013. The update of the A8 has helped the model to a 21% increase of sales.
The Plug-in hybrid version of the Panamera is likely to have helped the Porsche increase its sales by 27% compared to the same period last year, helping it stay on the segment podium as 7-series sales are down 17%. [Read more…]