Increase the European passenger car market in April 2013
- Over the four cumulative months of 2013, the European passenger car market (27 countries) further decreased (-6.7%) to 4,180,137 units. This decrease is small compared to the cumulative 3 months (-9.5%), and even compared to the 4 months of 2012 where we recorded a decrease of 7.8% compared to 4 months of 2011.
- However, and for the first time since September 2011, the European market grew in April 2013 (2.1%) compared to April 2012, to 1,085,547 units.
- It seems that the European market is picking up at the beginning of second quarter of 2013, instead of the second half as expected and this thanks to rebooting of the car market in Germany and Spain
- Four carmakers perform well given the decline of 6.7% of the market: BMW Group (-1.1%), Hyundai-Kia Group (-0.4%), Daimler Group (2.8%) Tata Group (12.7%). The new Class A very successful in Europe boosted the sales of the Mercedes brand. Renault-Nissan and Volkswagen manage a loss inferior to that of the market as a whole. They therefore managed to increase their market share.
- At the current pace, the European market could in the coming months approach the figures recorded in 2012, which certainly are poorer than those of 2011, but let us recall that some manufacturers forecasts expected a decline of 5% market share in 2013 compared to 2012.
Data source: File #55 - Registrations in the World by makes
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