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%).
Segment returns to growth thanks to strong double-digit growth from the GMC twins
Sales in the US Large Pickup segment rose by 2.9% to 1,152,758 in the first half of 2018, as the segment posted a 6.1% sales growth in the second quarter to recover from a mild decline in Q1’18. With the new Chevrolet Silverado, GMC Sierra and RAM Pickup only beginning to spread their wings, the chances look good that this [Read more…]
The imminent arrival of the Ford Ranger and Jeep pickup will find a segment with a sustained growth rate
Sales in the US Small Pickup segment rose by 19.9% to 259,119 in the first half of 2018, with second quarter growth slowing only a little bit from the level achieved in the first quarter of the year. With the Ford Ranger and the long-awaited Jeep Gladiator pickup finally arriving later this year the segment is set for a nice period of expansion, [Read more…]
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%).
Ford Expedition sales growth continues to underwhelm, as segment returns to healthy double-digit growth
Sales in the US Large SUV segment rose by 9.3% to 171,647 in the first half of 2018, thanks in large part to a 13.0% growth in the second quarter of 2018. This means that after shrinking slightly in 2017 the segment seems to have well-and-truly returned to growth, and may yet post the best figure since 2007 this year. However, even if it [Read more…]
Sales stagnate, with only Honda Pilot and Chevy Traverse recording really good sales growth
Sales in the US Mid-sized SUV segment rose by 3.9% to 989,582 in the first half of 2018, after growth slowed down to just 1.0% in the second quarter. Nonetheless, this was enough for the segment to retain its position ahead of the Compact segment that it just lost out to in overall 2017 stats, behind only the Compact SUV and [Read more…]
The frantic pace of growth continues as new Ford EcoSport and Hyundai Kona find success
Sales in the US Subcompact SUV segment rose by 35.2% to 295,101 in the first half of 2018, with growth quickening even compared to the 33.3% registered in the first quarter of the year. With the new Ford EcoSport and Hyundai Kona getting up to speed in the market, and the new Nissan Kicks just going on sale in June, the segment could yet [Read more…]