Which manufacturers are most affected by the slow down of the European market
- As the European VP market (29 countries) slows abruptly in 2018, after four years of uninterrupted growth, almost returning to the best levels achieved between 2004 and 2008, which manufacturers are the most affected by this new situation ?
- According to the figures Inovev has the most impacted manufacturers are mainly those who sell most on the British market down sharply in 2018: Jaguar Land Rover (Tata group) drops 13.9% on the cumulative 3 month 2018, Opel / Vauxhall fell by 9.4% and Ford by 5.6%.
- Other manufacturers also experienced sales decline, including the Fiat -Chrysler group (-4.0%) which suffers from a weak Italian market, and the BMW group (-1.5%) which suffers from having many big volume models at end of life. The Daimler group‘s sales are stagnating (+ 0.1%), like the PSA group (+ 0.1%) which would have progressed without the impact of the Opel / Vauxhall decline.
- The Geely (Volvo) and Renault-Nissan groups performed better (+ 0.5% and + 0.8% respectively) without being spectacular. The best scores are achieved by the groups Volkswagen (+ 5.2%), Hyundai-Kia (+ 6.3%) and Toyota (+ 8.8%), which benefit from new B and C segment SUVs of all of which correspond precisely to current demand: Volkswagen T-Roc, Seat Arona, Skoda Karoq, Hyundai Kona, Kia Stonic, Toyota CHR.
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