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New EU registrations 2017: European market grows by 3.4%

New EU registrations 2017
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B But let's first look at the December figures. A total of 1,088,498 cars were brought onto the European market for the first time in December 2017, 4.9 percent fewer than in the same month of the previous year. Almost all volume markets contributed to this with declining numbers. As the European automobile manufacturers association ACEA reports, 253,950 new cars were registered in Germany (-1.0%), for France 193,372 new registrations and a decrease of 0.5% are mentioned. Italy has 121,100 new registrations (- 3.2%) and Great Britain has 152,473 new registrations (- 14.4%). Only Spain was able to report an increase of 6.2% with 102,943 new car registrations.

Europe's car market is growing

The European car registrations are significantly more positive in the 2017 annual balance sheet. Overall 15,137,732 cars in Europe were given a license plate for the first time, which corresponds to an increase of 3.4% compared to the previous year. In contrast to December, positive developments can be observed in almost all volume markets over the year. With a total of 3,441,262 new registrations, the German market is growing by 2.7% compared to the previous year. In France, 2,110,748 newly registered cars brought an increase of 4.7%. Italy increased by 7.9% to 1,970,497 cars. Spain reports 1,234,931 new car registrations, an increase of 7.7%. Only the UK market fell significantly. 2,692,786 new registrations result in a minus of 5.7%. The first minus in six years.

The VW Group remains the market leader in Europe, with a market share of 23.7% and 3,580,655 newly registered cars. The strongest single brand is still VW with a market share of 10.9% (1,645,822 new registrations). Renault took second place in the annual balance sheet with a market share of 7.5% (1,132,185 new registrations). Ford secured third place with 6.7% (1,011,722 new registrations). Peugeot follows in fourth place with 6.0% (909,205 new registrations). In the competition between the German premium brands, Mercedes is ahead (5.7%, 857,131 new registrations). This is followed by Audi (5.3%, 797,813 new registrations) and BMW (5.2%, 788,800 new registrations).

Close behind are Fiat (5.1%, 768,801 new registrations), Skoda (4, 5%, 674,792 new registrations) and Toyota (4.2%, 641,619 new registrations).

Opel split in two

And where is Opel? They were slammed to GM from January to July. After the sale to PSA, Opel was sold to the French. GM has a market share of 3.8% and 589,644 new registrations, Opel with 2.2% and 337,334 new registrations.

Onthe other ranks are Citro├źn (3.7%, 560,386 new registrations), Nissan (3.6%, 552,250 new registrations), Hyundai (3.4%, 509,109 new registrations), Dacia 83.1%, 463,543 new registrations), Kia ( 3.0%, 460,980 new registrations) and Seat (2.6%, 388,902 new registrations).

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