Passenger car sales in the EU grew 7.2% year-on-year in September, with only two countries witnessing a decline in the period.
These countries were Ireland (down 1.6%) and the Netherlands (down 4.2%). The Dutch market is currently the only market to have not grown in 2016 overall. In fact, a 5.2% year-to-date fall in sales in the Netherlands has seen the Polish car market overtake it as the seventh biggest car market in the EU, with Sweden also rapidly gaining in size on the Dutch market.
Go deeper with GlobalData
In September, all of the so called ‘big five’ economies continue to grow car sales. Italy and Spain saw double digit year-on-year growth of 17.4% and 13.9%, respectively, while Germany also posted strong growth of 9.4% over the same period.
French and UK car sales grew at a slower rate in September, 2.5% and 1.6% respectively.
The vast majority of volume manufacturers saw sales increase in September, including VW Group, the largest manufacturing group in the EU.
One exception to this was PSA Group, where falling Peugeot (down 1%) and Citroen (down 10.2%) registrations saw PSA’s sales slip 5.2% year-on-year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThis allowed Renault Group to overtake PSA to become the second largest manufacturing group in the EU in September. An 18.7% jump in sales saw Renault’s market share increase to 8.9% (up from 8%), whereas PSA’s market share fell from 9.9% in September 2015 to 8.7% in the same month this year.
For year-to-date, however PSA sales remained just ahead – albeit by just 6,000.
