After looking at the January 2018 car brand sales in Europe, let’s take a closer look at individual model sales figures. The Volkswagen Golf remains on top of the ranking but is also the fastest growing nameplate in the top-8 with a gain of 14,4% on a weak score a year ago when its facelifted version was not yet in showrooms. Still, this is the best [Read more…]
European sales of passenger cars in January increased 6,5% in January 2018 to 1,27 million, which marks the fourth consecutive year of January sales growth, with sales up 40% on the 908.000 sales in January 2013. As sales of car models (hatchbacks, sedans, staton wagons, coupes and convertibles) were stable at +2%, MPVs continued thier sharp decline as crossovers and SUVs are taking over the European streets. MPVs declined 19% to just 7,7% of the market (a new low) while crossovers increased 24% to take 34% of the market, a new high as their share was below 30% for the 2017 full year.
Sales of domestic passenger cars in China beat all expectations for January 2018 with an 11% increase to 2,4 million sales. Analysts and experts had expected a slow start of the year as the tax cut on cars with engines of 1,6 liters or less had ended. However, January 2017 was an exceptionally slow month with stable sales on the same month in 2016 while February last year suddenly showed 20% growth on the year before. This phenomenon was due to the Chinese New Year celebrations last year falling in January, as opposed to February in 2016 and 2018. This means that next month is likely to balance off the January performance with stable sales or perhaps even a small decline. This is also reflected in the Seasonally Adjusted Annualized selling Rate which is down by 1 million on January 2017 at 24,74 million. We’ll need to analylse combined January and February figures to be able to draw a thorough conclusion of the state of the Chinese auto market. [Read more…]
After looking at the Full Year 2017 car brand sales ranking in Europe, let’s take a closer look at which models have sold well in 2017. The top-4 remains unchanged from 2016, with the Volkswagen Golf celebrating 10 consecutive years at the top of the ranking. The last time a different nameplate than the Golf finished in first place in Europe was in 2007 with the Peugeot 207, and before that the Opel/Vauxhall Astra in 2005 and 2006. The 207’s successor 208 is up one spot to 6th place this year, while the Astra is down 4 places to #10. [Read more…]
The European passenger car market grows by 3% in 2017, to nearly 15,5 million sales, making this the fourth consecutive year of growth in Europe, and the highest volume since 2007, before the financial crisis knocked the market on its knees. However, it is the slowest rate of growth of those four years, and we’ve had 3 months of year-over-year [Read more…]
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.
After discussing the 2017 China car sales ranking by brand, let’s zoom in on which models were the movers and shakers of the past year. And the Chinese car market is not only one of the most diverse with no less than 531 different nameplates in our ranking up from 502 in 2016, but also one of the most dynamic, with big movements up and down the ranking. On the other hand, the top-4 is stable on last year, even though 3 out of those top 4 lost volume. [Read more…]
In 2017, the four-year streak of double digit growth of the Chinese domestic passenger car market ended as sales increased 2,6% to just over 24,2 million, down from +17,2% last year. This is the lowest growth rate in at least a decade and a halft, possibly longer (we don’t have exact data from before 2003). Still, it is a new annual record as sales have almost doubled since 2011 (12,3 million) and more than quadrupled since 2008 (5,6 million). [Read more…]
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…]