Friday, December 14, 2012

Europe In November 2012: Race To The Bottom

Car sales accelerate their decline in Europe. The market for new cars was down fourteen months in a row in November, dropping by 10.3 percent compared with November 2011, says the European manufacturers association ACEA. From January to November, 11.25 million new cars changed hands in the EU, 7.6 percent less than in the same period a year ago. Sales in Europe have not been that bad since 1993.

New car sales Europe November 2012
Nov Nov % Chg Jan – Nov Jan – Nov % Chg
'12 '11 12/11 '12 '11 12/11
AUSTRIA 24,377 30,339 -19.7 317,589 332,787 -4.6
BELGIUM 35,834 40,440 -11.4 464,413 523,448 -11.3
BULGARIA 1,670 1,830 -8.7 17,434 17,913 -2.7
CYPRUS 710 1,175 -39.6 10,397 13,369 -22.2
CZECH REPUBLIC 14,203 15,920 -10.8 161,225 158,263 +1.9
DENMARK 16,334 15,051 +8.5 160,050 154,681 +3.5
ESTONIA 1,436 1,454 -1.2 16,224 14,194 +14.3
FINLAND 7,710 9,060 -14.9 104,836 119,239 -12.1
FRANCE 144,602 179,038 -19.2 1,738,446 2,016,412 -13.8
GERMANY 259,846 269,144 -3.5 2,878,173 2,929,133 -1.7
GREECE 4,164 7,890 -47.2 54,810 92,144 -40.5
HUNGARY 4,647 4,521 +2.8 48,014 41,847 +14.7
IRELAND 883 778 +13.5 79,169 89,507 -11.6
ITALY 106,491 133,284 -20.1 1,314,868 1,637,812 -19.7
LATVIA 873 1,169 -25.3 9,869 9,920 -0.5
LITHUANIA 948 1,054 -10.1 11,328 12,190 -7.1
LUXEMBURG 3,782 3,707 +2.0 47,326 47,239 +0.2
NETHERLANDS 30,247 41,082 -26.4 485,334 538,599 -9.9
POLAND 23,239 24,909 -6.7 252,448 250,103 +0.9
PORTUGAL 7,127 9,555 -25.4 88,945 142,156 -37.4
ROMANIA 5,698 10,279 -44.6 61,608 73,988 -16.7
SLOVAKIA 5,553 5,903 -5.9 64,194 61,608 +4.2
SLOVENIA 3,714 4,212 -11.8 46,159 55,137 -16.3
SPAIN 48,155 60,395 -20.3 648,392 741,594 -12.6
SWEDEN 25,052 26,894 -6.9 252,791 279,582 -9.6
UNITED KINGDOM 149,191 134,027 +11.3 1,921,052 1,822,065 +5.4
EU 27 926,486 1,033,110 -10.3 11,255,094 12,174,930 -7.6

Among the European volume markets, only the UK was up in November by 11.3.  Sales were down 3.5% in Germany, 19.2% in France, 20.1% in Italy and 20.3% in Spain.

All major automakers were down in November with the exception of the BMW Group, which saw sales a 0.1 percent hair higher than in November 2011. The GM Group is down 13.2 percent in November, Ford is down 9.9 percent. Fiat is down 13 percent, PSA lost 15.6 percent, Renault is down a whopping 27.7 percent.

Volkswagen could increase its market share to nearly 25 percent for the year. GM is down to 8.2 percent, Ford to 7.6 percent.

Data can be downloaded here as PDF, and here as Excel spreadsheet.



from The Truth About Cars http://www.thetruthaboutcars.com




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