Money Buzz! Europa

Tag: Passenger car

  • EU passenger car market registered the first increase of the year in September

    EU passenger car market registered the first increase of the year in September

    In September 2020, the EU passenger car market registered the first increase of the year. Registrations grew by 3.1% last month to reach 933,987 new cars sold across the European Union.

    The four largest markets, however, posted mixed results. Losses were seen in Spain (-13.5%) and France (-3.0%), while Italy (+9.5%) and Germany (+8.4%) showed solid gains.

    Over the first nine months of 2020, demand for cars contracted by 28.8% in the EU. Seven million units were registered from January to September, almost 2.9 million less than during the same period last year.

    Despite last month’s positive results, the impact of COVID-19 still weighs heavily on the cumulative performance of the EU car market.

    Among the major markets, Spain saw the steepest drop (-38.3%) so far this year, followed by Italy (-34.2%), France (-28.9%) and Germany (-25.5%).

  • Passenger car registrations in Europe: -32% in the first eight months

    Passenger car registrations in Europe: -32% in the first eight months

    Over the first eight months of 2020, EU demand for passenger cars contracted by 32.0%. In total, 6.123.852 new cars were registered across the European Union from January to August, almost 2.9 million less than during the same period last year.

    In total, 6,123,852 new cars were registered across the European Union from January to August, almost 2.9 million less than during the same period last year.

    Among the EU’s largest markets, Spain saw the biggest decline (-40.6%) so far this year, followed by Italy (-38.9%), France (-32.0%) and Germany (-28.8%).

    During the month of August the EU car market posted a stronger decline (-18.9%) again, although less dramatic than earlier in the year.

    With the exception of Cyprus (+14.1%), all countries in the region recorded losses compared to August 2019.

    Looking at the four major EU markets, Italy performed best, with a slight drop of 0.4%, while the strongest declines were seen in Germany (-20.0%) and France (-19.8%).

    Data was provided by The European Automobile Manufacturers’ Association (ACEA).

  • Austria: Registrations of used passenger cars decreased by 11.5%

    Austria: Registrations of used passenger cars decreased by 11.5%

    A total of 385.780 used passenger cars was registered from January to June 2020, 11.5% less than in the first half of the previous year.

    According to Statistics Austria, used car registrations still increased in January (+3.7%) and February 2020 (+0.1%), but significantly decreased during the COVID-19 related lockdown in March (-48.7%) and April (-39.1%).

    The decline was already less pronounced in May (-3.2%), and used passenger car registrations rose again in June (+26.8%).

    Diesel-driven (share: 59.4%; -13.3%) and petrol-driven passenger cars (incl. flex-fuel; share: 38.5%; -10.4%) recorded declines compared to the first half of 2019; alternative drives achieved a share of 2.1% and increased by 40.8%.

    Among the top 10 passenger car makes, the number of used registrations declined for all brands: Opel (-17.3%), Ford (-13.7%), Peugeot (-13.1%), VW (-12.0%), Renault (-11.0%), Mercedes (-9.8%), Audi (-9.6%), Seat (-9.5%), BMW (-8.0%) and Skoda (-0.5%).

    9.5% less vehicle registrations from January to June 2020

    In the first half of 2020, 493 663 used motor vehicles were registered, 9.5% less than in the first half of 2019.

    The used commercial vehicle market recorded an increase of 7 vehicles for lorries category (cat.) N3, while there were declines for agricultural and forestry tractors (-0.9%), lorries cat. N1 (-1.1%), lorries cat. N2 (-20.5%) and articulated lorries (-15.0%).

    For used two-wheelers, fewer motorcycles (-0.2%) and scooters (-4.7%) were registered compared to the first half of 2019.

  • Passenger car registrations fell by two thirds in Austria last month

    Passenger car registrations fell by two thirds in Austria last month

    In April 2020, the number of new passenger car registrations (11.220) declined by 64.9%, according to Statistics Austria.

    New registrations of petrol-driven passenger cars sunk by 71.0% (share: 44.8%), those of diesel cars by 63.8% (share: 40.0%). Fewer new registrations were recorded for new electric cars (-23.1%; share: 5.0%).

    VW and Skoda lead the top

    The passenger car makes with the highest registration figures were VW (share: 14.7%), Skoda (share: 13.1%) and BMW (share: 7.6%).

    Among the Top 10 car makes, all makes recorded double-digit declines: Skoda -44.7%, Renault -51.4%, Audi -56.7%, Mercedes -57.6%, BMW -57.7%, Peugeot -62.3%, VW -66.6%, Kia -67.2%, Ford -67.5% and Seat -74.0%.

    The market for new commercial vehicles showed increases for tractors used for agriculture and forestry (+5.8%). Fewer registrations were reported for lorries category (cat.) N3 (-33.4%), lorries cat. N2 (-44.2%), lorries cat. N1 (49.3%) and articulated lorries (-65.0%).

    Among the two-wheelers, fewer registrations were recorded for new motorcycles (-22.2%) and scooters (-60.5%).

    In total, 19 950 motor vehicles were newly registered in April 2020, thus the decrease compared to April 2019 amounted to 56.6%.

    January to April 2020: new passenger cars -41.6%; new motor vehicles -39,3%

    From January to April 2020, the number of new passenger car registrations decreased by 41.6% to 65.900, or 46.906 vehicles fewer than in the same period of 2019.

    The total number of newly registered motor vehicles declined by 39.3% or 59.223 to 91.580.