Tuesday, February 17, 2015

Europe: the automobile market began 2015 on an optimistic note – Romandie.com

Europe: the automobile market began 2015 on an optimistic note – Romandie.com

Europe: the automobile market began 2015 on a positive note

(synthesis)

Paris (awp / afp) – The European car market started 2015 on a positive note with registrations up 6.7% in January due to the rebound in the lawsuit in Spain and Italy.

French manufacturers have had mixed fortunes, registrations of Renault leaping 10.1% and those of PSA Peugeot Citroën contracting by 1.5% in January 2014, said Tuesday the Association of European Automobile Manufacturers (ACEA).

The 6.7% increase, which allows approaching the one million cars sold in the EU (999,157 to be exact), comes after a year 2014 was concluded with a growth of 5.7%.

The volumes, however, remain below 20 % to those before the crisis of 2008, when about 1.2 million cars were registered.

“When we start from a very low month of January, as was the case in 2014, it is easier to make a strong rise, but in January 2015 was not a historically-month high, “said Jean-François Belorgey, EY consulting firm.

Growth mainly due to Italy, the fourth car market in the EU, which saw its registrations increase by 10.9% to 131,300 units. The fifth, Spain, has meanwhile increased by 27.5% to 68,100 cars.

After having fallen sharply since 2008, “the Latin countries regain confidence, to varying degrees,” says M . Belorgey.

The UK, Europe’s second car market, also posted solid growth (+ 6.7% to 164,900 units), while Germany retains top spot in volume, with 211,300 cars sold, but an increase in the average (2.6%).

FIAT DOPED JEEP

France, closely followed by Italy, is the third European market with 133,000 cars sold, up 6.2%, figures slightly revised upwards from the preliminary data (5.9%) released in early February by French manufacturers.

Mr Belorgey “it is difficult to draw patterns on a single month,” especially in January, due to the commercial strategies of each other around the end of the year particularly in terms of “sales tactics” (self-registrations, sales of short-term rental companies) that could skew the statistics.

automobile manufacturers the German Volkswagen Group remains the leader in the EU, arrogating 25.5% of the market with 254,700 cars (+ 6.8%).

PSA, second, saw its share to 10.8%, down 0.9 points. Peugeot has won 4% but Citroën has lost 6.3% and DS, which has just taken its autonomy ceded 18.9%.

However Smile at Renault, which rose from 9 3% to 9.5% market share. The diamond brand saw its registrations increase by 11.3% while Dacia progressed by 7.3%. It is sold in the EU a little less than a Dacia Renault for two

German GP from US groups, Ford and Opel are struggling to keep pace and Volkswagen volumes. Ford is growing but less than the market (+ 5.1%) and 68,700 sales account for half of those of the VW brand (128.700). Opel Group (formerly GM Europe) follows closely with 62,900 cars, down 2.8%. The good form of the mark to “blitz” (+ 15.9%) is not enough to offset the scheduled end of Chevrolet on the Old Continent.

With 7.1% growth, the Italian group -américain Fiat-Chrysler flows 62,700 cars, thanks to the explosion of the Jeep brand (183.3%)

The German groups called “premium” lie in wait. 60,300 registrations for BMW ( with Mini), growing by 8.6%, and 56,300 for Daimler (Mercedes and Smart), an increase of 15%.

Toyota, whose registrations were up 9.6%, still leads Japanese with 49,000 units, but Nissan, Renault partner approaches. 43,000 registered cars, a growth of 36.3%

On the prospects for 2015, “ACEA is very conservative by providing 2% “of market growth, notes Mr. Belorgey, for whom” the 6% last year really was a divine surprise “given the state of the economy especially in the euro area.

afp / al

(AWP / 02.17.2015 13.00)

(AWP / 02.17.2015 1:00 p.m.) ^ ->
 


Videos that should be of interest to you

LikeTweet

No comments:

Post a Comment