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In 2019, 49.5% of all new vehicle sales were either SUV or MPVs, an increase of 1.55 percentage points when compared to 2018.
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
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
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.
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.
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.
The poor conditions of the wider market are finally impacting SUVs. Demand may be peaking after many years of growth
The market had a welcoming response to the latest vehicle launches in May. Moving forward, there’s still a long way to go until there is real progress with EVs…
The European car market stabilised in April 2019 after an extended period of decline. In total 1.34 million vehicles were registered – the same number as in April 2018…
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