[Global Network News] According to the European “Auto News” news, in October, due to the new WLTP (global unified light vehicle emission test procedures fully implemented, European new car sales fell 7.4% year-on-year to 1.1 million. Volkswagen, FCA, Renault It is the largest car manufacturer with the largest decline.
Beginning in September 2017, the EU began to force auto companies to test the fuel consumption of the WLTP regulations to replace the existing NEDC test. Under the new standard, the power architecture of small-displacement turbocharged engines that have been established according to the original regulations is facing enormous challenges.
According to data released by the European Automobile Manufacturers Association (AEEC), the EU and the European Free Trade Association’s car registrations in October fell to 1.1 million, a decrease of 23% from the previous month. Volkswagen, FCA and Renault have been the beneficiaries of the surge in sales in August, as the WLTP regulations were launched on September 1st, meaning that the new car must be recertified, and the car manufacturer will put a large number of cars on the market before the start of the process to reduce inventory. . But this still has not saved them from losses.
According to the data, Volkswagen Group’s sales in October fell 22%, with Audi down 53%, Porsche down 62% and core Volkswagen brand down 15%. Seat sales fell by 15% and Skoda fell by 0.8%. Ford’s registrations fell by 0.9%.
PSA Group fell 1.2% and Opel/Vauxhall sales fell 7.4%. Peugeot sales increased by 1.9% and Citro龙n increased by 3.7%. Renault Group’s sales fell by 15%, with Renault sales down 23%. Dacia’s sales increased by 7.8%. FCA sales fell 13%, with Alfa Romeo brand sales down 41%, Fiat down 16% and Jeep sales up 12%.
Among Asian brands, Toyota sales increased by 5.3% and Kia increased by 4.5%. Nissan’s sales fell by 26%, and Hyundai’s sales fell by 4.7%.
However, despite the overall decline in market sales, there are still some car companies that are growing against the market. BMW sales increased by 12%, and its competitor Mercedes-Benz’s registration volume increased by 7.9%. Other winners include Jaguar, whose sales increased by 65%, MINI by 18%, and Volvo by 10%.
According to the ACEA Association, from January to October this year, European car sales increased by 1.4% to 13.4 million.
Post time: Nov-20-2018