Luxembourg Car Market further improved in 2019, signing the fourth annual gain in a row. Indeed, registrations improved by 4.2% with 54.922 units sold. Volkswagen was still the leader, while Mercedes gained the 2nd place, overtaking BMW.
Luxembourg Car Market in the 2018 was flat, ending with 52.667 registrations. Volkswagen kept the lead, up 3%, ahead of BMW. Mercedes gained the market podium, improving in double-digits, while disappointing performances were registered by Renault and Audi.
Luxembourg vehicles Market in the 2017 was almost positive fueled by still solid GDP growth, record high consumer confidence and five-year low unemployment. Volkswagen further gained market share while Audi outpaced Mercedes.
Luxembourg Auto Market 2016 reported a moderate increase, keeping the stable path around the 50.000 annual units. Dominated by German brand, the competitive arena see Hyundai on stage.
Luxembourg Auto Market in 2015 was the worse within the European Community one of the only two markets down having lost 6% from the previous year. Volkswagen Golf was again the best-selling model.
In 2013 the Luxembourg car market fell over 7% from the previous year, hit by a flat economy. The market is mature and no further growth is expected. Volkswagen was market leader ahead of others Germans.