UK July. Toyota impresses (+22.6%) while the market declines 5 months in a row

British Vehicles Market

British Vehicles Market in July signed the 5th straight market decline, selling 157.198 units (-4.1%). The leader Ford improved 6.4%, widening the gap from the followers, but the best Top 10 brand was Toyota (+22.6%). Mercedes gained the 3rd place, overtaking Opel (-11.7%).

 

Economic Environment

British economic growth appeared to have been limp in the second quarter, sapped by swirling Brexit uncertainty and as manufacturers destocked following a surge in inventories in Q1. While the economy did expand in May, this only partially offset a sharp contraction in April, which was largely induced by temporary shutdowns at car plants. Moreover, the average quarterly readings for the services and manufacturing PMIs suggest stagnation.

The labor market remained a silver lining: In March-May, wage growth was the fastest since 2008, while the unemployment rate stayed at a multi-decade low. However, even here signs of vulnerability emerged, with employment growth falling short of expectations and job vacancies declining.

 

Market Trend

According to data released by the Royal Minister of Transportation, the 2018 was in line with the previous year, closing with the second consecutive negative performance. Indeed, the market has the year with 2.366.929 sales (-6.8%), largely influenced by the Brexit uncertainty affecting business prospects and consumer morale.

Moreover, several government measures targeting diesel-powered vehicles have affected the market, where diesel sales kept crumbling – down 29.6% – to the advantage of petrol sales, up 8.7%. However, Alternatively Fueled Vehicles (AFV) have boomed at 20.9%.

The new year started with a negative tone as in January, 5th consecutive month of decline, the market fell down 1.5% at 161.013. Despite sales were moderately positive  in February (+1.6%) with registrations at 81.969, in March the market dropped down again (-3.4%) with first quarter’s results at -2.4% and 701.036 units.

The market keeps moving down even in April registering 161.064 units (-4.1%). In May, the market is still declining (-4.6%), signing 183.724 units. In June the market signs a new loss (-4.9%) with 222.735 units.

In July, registrations kept the previous months’ trend (-4.1%) with 157.198 sales, leading year-to-date figures at 1.426.443 (-3.5%).

 

Market Outlook

After the recent negative performances, the British market continues to be seen unstable in the period 2019-2025. Indeed, being largely affected by the lack of clarity over Brexit, the market outlook is quite negative in the short-term.

Being interested to know more, give a look at this updated research. Clicking on the picture, you can see contents.

 

 

Competitive Arena

At brand-wise, year to date Ford leads the line with 144.838 units (-10.4%), holding 10.2% of market share. In second place Volkswagen with 126.074 sales (-3.1%), Mercedes third with 105.046 units (+2.2%) and Opel (Vauxhall) with 104.962 (+4.3%).

In fifth place BMW with 99.219 (-3.1%), Audi losing 11% with 91.451, Toyota with 64.818 (+2.8%), Kia with 60.347 (+2.54%), Nissan with 58.934 (-10.6%) and in 10th place Hyundai with 51.565 (-9.5%).

At model-wise, the best-selling car is the Ford Fiesta with 51.032 sales despite a huge fall (-9.9%), ahead of the Volkswagen Golf with 35.702 (-13.8%) and the  Ford Focus with 35.428 (+14.7%).

As far as the UK Best Selling Cars ranking, see here the dedicated section.

Rank 2019Rank 2018BrandSales YTD July 2019Sales July 2019'+/- YTD 2019'+/- Jul 2019Share YTD July 2019Share July 2019
11Ford144.83817.049-10,4%6,4%10,2%10,8%
22Volkswagen126.07415.183-3,1%-9,4%8,8%9,7%
34Mercedes105.04612.0562,2%5,8%7,4%7,7%
43Opel104.96210.398-4,3%-11,7%7,4%6,6%
55BMW99.2199.198-3,1%-7,8%7,0%5,9%
66Audi91.45110.322-11,0%-23,3%6,4%6,6%
78Toyota64.8188.1342,8%22,6%4,5%5,2%
89Kia60.3477.1152,5%-3,4%4,2%4,5%
97Nissan58.9346.191-10,6%-1,9%4,1%3,9%
1010Hyundai51.5655.649-9,5%-5,3%3,6%3,6%
1111Peugeot50.0105.666-1,1%1,9%3,5%3,6%
1213Skoda46.5665.302-2,9%-4,4%3,3%3,4%
1312Land Rover46.2454.1532,1%8,1%3,2%2,6%
1415Seat43.1695.3913,8%-5,2%3,0%3,4%
1514Mini36.2332.983-3,3%-11,0%2,5%1,9%
1616Renault34.3002.187-9,3%-31,6%2,4%1,4%
1718Volvo34.2774.28822,5%-2,1%2,4%2,7%
1819Citroen33.8574.4356,9%29,3%2,4%2,8%
1917Honda28.0492.970-15,8%-18,3%2,0%1,9%
2020Mazda24.2152.772-0,8%9,9%1,7%1,8%
2121Suzuki23.8273.490-4,6%-22,8%1,7%2,2%
2222Jaguar22.2632.5159,2%12,6%1,6%1,6%
2324Dacia20.0131.44533,6%5,8%1,4%0,9%
2423Fiat19.2241.475-13,5%-35,5%1,3%0,9%
2525Mitsubishi10.7891.005-7,3%-33,6%0,8%0,6%
2627Lexus8.5501.11811,2%42,6%0,6%0,7%
2726Porsche7.562777-21,5%2,5%0,5%0,5%
2828MG7.3261.04043,7%27,9%0,5%0,7%
2930Jeep3.688451-2,9%50,8%0,3%0,3%
3029Smart3.530388-19,1%-27,5%0,2%0,2%
3134Other3.48263243,5%162,2%0,2%0,4%
3231Abarth2.108221-37,0%-27,5%0,1%0,1%
3332DS2.099268-49,0%24,1%0,1%0,2%
3433Alfa Romeo2.097235-25,1%-10,0%0,1%0,1%
3535Subaru1.466103-15,7%-8,0%0,1%0,1%
3636SsangYong1.17182-33,4%-37,9%0,1%0,1%
3737Bentley966154-10,5%-37,4%0,1%0,1%
3839Maserati61177-27,9%-34,2%0,0%0,0%
3942McLaren4811995,0%192,6%0,1%
4041Infiniti24138-58,4%35,7%
4140Tesla177--30,3%-100,0%
4244Lotus14312-1,4%-7,7%
4238Aston Martin143--82,3%-100,0%
4348Alpine11429936,4%163,6%
4445Morgan58--33,0%-100,0%
4543Lamborghini32--82,9%-100,0%
4646Rolls-Royce29--74,3%-100,0%
4747Ferrari23--78,8%-100,0%
4851Chevrolet232-17,9%
4949Corvette17--58,6%-100,0%
5050Cadillac13--67,1%-100,0%

Rank 2019Rank 2018bestSales YTD July 2019Sales July 2019'+/- YTD 2019'+/- Jul 2019Share YTD July 2019Share July 2019
11Volkswagen Group315.82037.129-5,2%-12,6%22,1%23,6%
22P.S.A.190.92820.767-2,6%-1,1%13,4%13,2%
33Ford Group144.83817.049-10,4%6,4%10,2%10,8%
44BMW135.48112.181-3,2%-8,7%9,5%7,7%
55Renault Nissan Alliance124.39110.895-5,0%-12,3%8,7%6,9%
66Hyundai-Kia111.91212.764-3,4%-4,3%7,8%8,1%
77Mercedes Daimler108.57612.4441,4%4,3%7,6%7,9%
89Toyota Group73.3689.2523,7%24,8%5,1%5,9%
98Tata68.5086.6684,3%9,7%4,8%4,2%
1012Geely Group34.4204.30022,4%-2,1%2,4%2,7%

Rank 2019Rank 2018ModelSales YTD July 2019Sales July 2019'+/- YTD 2019'+/-July 2019
11Ford Fiesta49.0385.646-23,8%-27,0%
24Ford Focus36.1263.8636,0%21,1%
32Volkswagen Golf35.5234.288-22,2%1,9%
45Nissan Qashqai33.2364.047-2,4%2,2%
53Opel Corsa33.0593.0794,4%-16,1%
648Mercedes A Class30.9323.702127,9%2052,3%
77Volkswagen Polo26.2222.5680,2%21,5%
89Ford Kuga23.3672.921-8,0%87,0%
98Mini23.0011.964-10,5%-4,8%
1010Kia Sportage21.1942.292-4,3%69,8%

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