Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.

Wednesday, 26 October 2016

September pushes the sales for Europe to over 11.5 million units, a rise of 7.7% on the same time a year earlier.

  • Growth was due to positive results across all but three markets
  • Year-to-date registrations increased to 11.6 million units, a rise of 7.7% on the same period last year
  • SUV registrations surpassed 400,000 units for the first time in the history of European car sales
New car registrations in the 29 European markets analysed by JATO Dynamics increased by 7.1% in September compared to the same month last year, with 1,495,815 units registered. This is the strongest September monthly sales result for ten years. 
For the year to date, registrations were 11.6 million units, an increase of 7.7% when compared to 2015, the best result since 2008.
The strong result in September was driven by good performances in the majority of markets, but particularly Italy, Poland, Belgium, Austria and Spain which recorded increases of 17.4%, 19.8%, 13.7%, 14.9% and 13.4% respectively. 
There was double-digit growth in sixteen of the 29 markets analysed and negative change in only three – Ireland, the Netherlands and Greece which recorded decreases of 1.5%, 4.8% and 9.9% respectively.

In the segment ranking, SUV registrations exceeded 400,000 units for the first time in the history of European car sales. As a result, the market share for the SUV segment jumped from 23.3% to 26.9%. The SUV segment’s growth in market share had a knock on effect on the Subcompact (B-Segment), City-car (A-Segment) and MPV segments which all showed negative market share growth. The Renault-Nissan Alliance maintained its lead in the SUV segment with a significant 21.7% share and continued to perform well, with volume up by 14%. Jaguar Land Rover continued to grow by outselling the mainstream players like PSA, Ford, FCA and General Motors.
Felipe Munoz, Global Automotive Analyst at JATO Dynamics commented: “Following a return to growth in August, September’s results show that the automotive industry is continuing to benefit from a more stable economy and new product launches. The industry does face challenges, notably regarding investment considerations as a result of Brexit, but at present it remains buoyant.”

Following on from its market share loss in August, Volkswagen Group continued on a downward trajectory in September, but its losses have stabilized. It declined from 23.2% in September 2015 to 22.9% for the same month in 2016. Within the Volkswagen Group, the Volkswagen and Seat brands posted moderate growth of 3.5% and 0.6% respectively, but this was enhanced by better results from Porsche, Audi and Skoda growing by 9.6%, 8.7% and 9.9% respectively. SUVs continued to boost Volkswagen Group’s performance, with the manufacturer’s SUV models growing by 26.5% and accounting for 16.7% of its total sales. In comparison, its compact cars continued to perform less well, with registrations falling by 4.3%.
The Renault-Nissan Alliance increased its market share, going from 12.4% in September 2015 to 12.9% for the same period this year whilst maintaining its second position in the ranking. Of the top ten manufacturers, it was the Renault-Nissan Alliance which was most heavily reliant on the SUV segment, with it accounting for 45.4% of the Group’s registrations. In contrast, PSA continued to face challenges, with its volume falling by 5.9% and all of its three brands posting declines. The Group’s losses should be reversed with the imminent launches of new generation key models, such as the Citroen C3 and Peugeot 3008 which have yet to make their mark on the market.
The biggest surprise of the month came from premium manufacturers, BMW and Daimler. BMW outsold Ford due to a 13% increase in overall volumes compared to the same period last year, and double digit growth from all of its brands. Daimler similarly posted dramatic growth with its registrations up by 17.8% and it registered the highest market share increase of all manufacturers, with an increase of 0.61 percentage points. The Mercedes brand performed exceptionally well, it recorded a 17.8% increase on the same period last year and registered 91,572 vehicles in September which made it the best-selling premium brand in Europe for the month.
At a model level, the Volkswagen Golf continued to lead the market, registering 46,392 units in September which was enough to make it the best-selling model in the month. However, this was a 15.2% decline on the same period last year which is the biggest market share drop of the 473 models analysed by JATO Dynamics.
The model faced challenging conditions in significant markets such as France, the UK and Germany where it posted double digit drops. Despite such dramatic losses, the Golf was 21,000 units ahead of its rival the Opel/Vauxhall Astra which posted a 31.1% increase and registered 25,301 vehicles. Amongst the Golf’s other competitors, the Renault Megane performed well, posting a 65% increase on the same month last year, whilst the Fiat Tipo registered 6,500 units, a strong performance for the model.  
The Ford Fiesta was just 11,000 units behind the Golf, registering 35,235 units, but this was a fall of 7.4% compared to the same period last year. In contrast, the Fiesta’s closest rival, the VW Polo posted a 10.8% increase and registered 31,753 units which meant that it outsold the Opel/Vauxhall Corsa. The Nissan Qashqai maintained its position as the best selling SUV, despite increased competition in the segment. However, its volume grew by a moderate 2.9% and in contrast, the Volkswagen Tiguan continued to perform well with it recording a 47.1% increase in comparison to last year, meaning it was only 3,400 units behind the Qashqai.
Felipe Munoz, Global Automotive Analyst at JATO Dynamics concluded: “With SUVs continuing to dominate the market, this is having an impact on the performance of all manufacturers. Competition in this segment is increasing further, with no sign of this changing in 2017 as further SUV launches are set to hit the market.”