Friday, 27 January 2017
2016 see's European growth of 6.5% to 15.14 million sales, of whch 25% are SUV/Crossover models.
“2016 was a great year for the industry, with the second highest volume of registrations since 2007. European car registrations have shown good momentum, with 27 out of 29 markets in Europe recording positive growth last year, and 14 of those markets posting double-digit increases.
I believe car makers are now better prepared to face the challenging times ahead,” said Felipe Munoz, JATO’s Global Automotive Analyst.
Regarding the performance of brands in 2016, Munoz said “The challenges seen by VW benefitted mainstream brands such as Renault and Fiat.
The premium brands also performed very well, increasing their market share by almost 1 percentage point from 23.0% in 2015 to 23.8% last year.”