European New Cars Sales kept momentum in September albeit Russian market collapse.

European new cars sales Pagani-Zonda_Revolucion_2013

European New Cars Sales kept momentum in September albeit Russian market collapse. The continental market gained 5.9% from the correspondent period last year. Over half million units gained in the first 9 months.

Euro zone Outlook

After a positive start to the year, economic growth in the Eurozone showed signs of slowing in the second quarter. A preliminary estimate indicated that GDP increased 0.3% in Q2 over the previous quarter, which came in below the 0.4% expansion in Q1.

Although the estimate does not provide a breakdown by components, additional data suggested that the slowdown was the result of a stagnation in France as well as disappointing economic growth in Germany, Italy and the Netherlands. However, the deceleration in Q2 appears to be temporary as more recent data suggest that momentum is picking up in Q3.

Fears of a disorderly Greek exit from the Eurozone have faded for now, following the decision by European leaders to approve a EUR 86 billion bailout for Greece. However, while the deal provides Greece and its creditors vital time to improve relations, it does not address satisfactorily the fundamental issues that triggered the crisis or provide meaningful debt relief for Greece.

Market Outlook

After the moderate recovery scored in the previous two years, European new vehicles market in the 2015 is recovering with a strong pace albeit the decline of eastern country and the collapse of Russian sales.

The summer started with high fear for potential effects of Greek economic crisis with the “exit option” very close before to be definitively vanished thanks to the agreement found among the parties. So, starting form July the market was free to really boom.

According to data released by all Car Manufacturers national associations and by the  ACEA, total light vehicles sales (cars plus LCVs) in the European continent (including Russia, Turkey and all eastern countries) were up 5.6% in July, 7.3% in August and 5.9% in September, when total figures had been1.781.453.

During the first three quarters of the year, total European vehicles sales had been 13.87 million, up 4.3% or 578.000 units more than the correspondent period last year.

This performance was achieved despite sales lost in Russia had been 586.000 (the 28.6%).

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Aug Rank 2015 Country Sales Aug Sales YTD Var Aug Var 2015 Share Aug Share YTD
1 1 Germany 236.917 2.244.741 6,1% 5,8% 21,4% 18,3%
2 5 Russia 138.670 1.052.413 -19,4% -33,5% 12,5% 8,6%
3 3 France 109.112 1.502.722 7,9% 5,5% 9,9% 12,3%
4 2 UK 92.671 1.858.278 9,3% 7,7% 8,4% 15,2%
5 7 Turkey 82.227 598.614 36,6% 47,1% 7,4% 4,9%
6 6 Spain 65.408 822.466 27,0% 25,1% 5,9% 6,7%
7 4 Italy 64.856 1.151.114 11,3% 14,4% 5,9% 9,4%
8 8 Belgium 35.206 396.928 10,5% 1,5% 3,2% 3,2%
9 9 Netherlands 34.945 311.065 20,0% 6,5% 3,2% 2,5%
10 10 Sweden 30.117 271.185 9,5% 21,5% 2,7% 2,2%
11 11 Poland 27.106 262.984 16,1% 5,9% 2,5% 2,1%
12 12 Switzerland 25.697 237.078 18,1% 9,4% 2,3% 1,9%
13 13 Austria 25.143 233.316 7,0% -0,1% 2,3% 1,9%
14 14 Czech Rep 19.468 165.480 30,5% 23,6% 1,8% 1,4%
15 15 Denmark 18.810 157.757 11,5% 8,6% 1,7% 1,3%
16 18 Norway 15.242 118.220 7,0% 3,0% 1,4% 1,0%
17 16 Portugal 10.915 142.988 18,4% 26,2% 1,0% 1,2%
18 19 Finland 9.292 81.699 11,1% 0,9% 0,8% 0,7%
19 21 Romania 8.126 59.177 14,5% 14,0% 0,7% 0,5%
20 17 Ireland 6.985 129.992 14,3% 26,7% 0,6% 1,1%
21 26 Ukraine 6.947 31.650 1,0% -57,9% 0,6% 0,3%
22 22 Slovakia 6.344 57.581 12,2% 11,9% 0,6% 0,5%
23 20 Hungary 6.332 61.071 5,6% 14,1% 0,6% 0,5%
24 23 Greece 4.749 57.003 17,0% 9,9% 0,4% 0,5%
25 24 Slovenia 4.386 45.870 15,1% 13,0% 0,4% 0,4%
26 25 Luxembourg 3.253 36.096 4,1% -1,9% 0,3% 0,3%
27 28 Bulgaria 1.981 18.219 -4,0% 6,3% 0,2% 0,1%
28 29 Estonia 1.933 16.926 2,8% 4,9% 0,2% 0,1%
29 30 Belarus 1.871 16.097 -24,0% -18,3% 0,2% 0,1%
30 27 Croatia 1.724 26.606 9,6% 3,3% 0,2% 0,2%
31 33 Latvia 1.547 10.994 29,9% 10,9% 0,1% 0,1%
32 32 Lithuania 1.384 13.414 27,8% 20,6% 0,1% 0,1%
33 31 Serbia 1.374 14.053 3,2% 1,7% 0,1% 0,1%
34 36 Malta 674 5.393 0,2% 0,2% 0,1% 0,0%
35 34 Iceland 609 9.985 10,9% 23,5% 0,1% 0,1%
36 37 Bosnia 585 5.003 5,0% 11,2% 0,1% 0,0%
37 35 Cyprus 582 7.121 -2,5% 10,3% 0,1% 0,1%
38 38 Armenia 460 3.676 0,2% 0,2% 0,0% 0,0%
39 39 Georgia 439 3.508 0,2% 0,2% 0,0% 0,0%
40 41 Moldova 329 2.771 10,5% -7,3% 0,0% 0,0%
41 40 Macedonia 283 3.000 1,1% 8,0% 0,0% 0,0%
42 42 Albania 217 1.737 0,5% 0,5% 0,0% 0,0%
43 43 Monaco 208 1.648 2,0% 2,9% 0,0% 0,0%
44 44 Montenegro 180 1.440 0,0% 0,0% 0,0% 0,0%
45 45 Liechtenstein 157 1.239 -47,0% -47,5% 0,0% 0,0%

(1029)

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