T Despite the losses of 4.6 percent compared to January 2017, the Association of European Automobile Manufacturers (ACEA) assesses the start of the year as positive, because almost 1.2 million new car registrations in January have only been exceeded once since 2009.
The main reason for the lower number of new registrations are weak results in the European volume markets. The German market fell by 1.4% to 265,702 new registrations. France reports 155,079 new registrations, a decrease of 1.1%. In Italy, new car registrations even fell by 7.5% to 164,864 cars. Spain even reports a minus of 8.0% with 93,546 new registrations. Great Britain has 161,013 new registrations and thus remains 1.6% below the previous year's result.
Opel becomes second force
There was little change in terms of market distribution at the beginning of the year. The Volkswagen group remains the European market leader with a market share of 24.1%. The strongest single brand is still VW with 11.5%. Opel has become the second force with a market share of 6.7%. Ford (6.5%), Renault (6.0%), Peugeot (5.8%), Mercedes (5.3%) and Toyota (5.0%) follow in the other ranks. It is followed by Skoda (4.9%), BMW (4.7%), Audi (4.4%), Citroën (4.3%) and Fiat with a market share of 4.0%.
With a market share of 3.7%, Dacia is just past Hyundai (3.6%). But Kia is just ahead of Seat (3.0%) with 3.1%. Nissan follows with 2.6%, ahead of Volvo with 2.2% market share.