After discussing the 2018 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 575 different nameplates in our ranking up from 531 in 2017 and 502 in 2016, but also one of the most dynamic, with big movements [Read more…]
In 2018, light vehicle sales in China declined for the first time since 1990, as 23,27 million passenger cars were sold, 4% fewer than in 2017. Including minibuses and light and heavy commercial vehicles, the total car market in China declined 2,8% to 28,1 million in 2018. Sales of new energy vehicles (battery electric, plug-in hybrid and fuel cell [Read more…]
After looking at the November 2018 brand sales ranking, let’s take a closer look at which models were moving up the charts. Traditional leader Volkswagen Golf is still on top, despite a double digit decline, but there’s a close battle for second place with the soon-to-be-replaced Renault Clio staying just ahead of the all-new Volkswagen Polo. In [Read more…]
European car sales have been on a wild ride in the second half of 2018, due to the introduction in September of a new fuel efficiency and emissions testing standard called WLTP (Worldwide harmonized Light vehicle Test Procedure), to which many manufacturers have found themselves unprepared. After September 1st , only vehicle types that had been tested under the new standard were allowed to be sold as new vehicles in Europe. That meant that every version of every model sold in the continent needed to be retested, but despite working round the clock, the testing agencies just didn’t have enough capacity to get this done in time. With some vehicle/engine combinations “illegal” after September 1st, automakers rushed to register these vehicles in August, leading to a 26,4% sales gain in what’s usually the slowest month of the year by far. However, as these unsold vehicles still needed to end up in consumers’ hands, sales in September suffered a backdrop of 23,1% as for the first time in modern history fewer cars were sold in September than in August. In the following months, sales continued to suffer from the continued backlog of pre-registered but unsold vehicles as well as reduced availability of certain model/engine combinations. Some manufacturers have been hit harder than others, with VW Group and Renault-Nissan among the hardest hit by the new testing procedures.
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%).
The market for domestic passenger car sales in China continues to grow in the first half of 2018, with another 8,5% gain in May to nearly 1,85 million sales. That brings the year-to-date gain to 6,75% with 9,76 million cars sold in five months. The Seasonally Adjusted Annualized selling Rate in May stood at 24,4 million, the lowest of the year so far but up by 2,2 million on May of 2017. [Read more…]