The decline of the European new car market has continued throughout February. According to JATO Dynamics data, 1,063,264 units were registered last month, compared to 1,143,852 in February 2019.
Electrified vehicles provided the only driver of growth for the market in January. They posted a record in volume and market share due to increasing incentives for consumers, greater awareness about the benefits of electrified vehicles, and the growing concern about diesel and petrol cars.
The combination of fewer diesel registrations and more SUVs continued to have an impact on emissions.
February 19, 2020 Europe outperforms Global market in 2019 – posting the highest registrations of the last twelve years
The turbulent times that hit the global auto industry in 2019 were not enough to damage the demand of new cars in Europe. In contrast to China and USA, where sales fell by 8% and 2% respectively, the volume increased by 1.1% for the passenger car market in Europe-27.
January 29, 2020 European registrations surge by 21% in December with Tesla Model 3 the third best-selling car
December was another unpredictable month for European new car registrations. Total volume grew by 21% to 1,258,412 units, the highest level ever recorded for the month of December. Tesla Model 3 drives EV market growth and outshines competitors by becoming the third best-selling model
Despite price increases, consumers are willing to pay more if the offer is in appealing sub-sectors- such as trucks and SUVs – and continue to be upgraded with new applications and accessories
November 28, 2019 SUVs make up 40% of total car registrations, as the European market records its best October result since 2009
Europe is slowly equalling the USA and China in terms of SUV penetration. This is mostly because of small and compact SUVs, which are hugely popular across the continent and make up 79% of all SUV registrations
October 24, 2019 Tesla Model 3 posts a historic result in September 2019, as it narrowly misses out on Europe’s top 10 selling vehicles
The European car market posted significant growth in September 2019, as 1.28 million cars were registered. Tesla recorded 19,500 registrations and controlled almost half of the BEV market, as it was boosted by the Model 3.
September 26, 2019 Dacia models feature twice in the European Top 5 best-selling cars in August
As expected, new car registrations in Europe fell in August 2019 in comparison to the same month last year. However, the results are not as bad as they seem.
August 26, 2019 Demand for Battery Electric Vehicles doubles in July, as growth returns to the European car market
Despite continuing economic uncertainty and diminishing consumer confidence, the European car market registered growth in July 2019, as registrations were up by 1.2% to 1,325,600 units.