Europe In May 2011: Signs Of Life

Bertel Schmitt
by Bertel Schmitt

Europeans are either tired of their old cars, or the effects of the cash for clunkers largesse are finally getting digested, or both. Whatever the reason, new passenger car registrations increased by 7.1 percent in the EU in May, as data released by the European Auto Manufacturers Association ACEA shows.

Year to date, registrations are now only 0.8 percent below the same period in 2010. If this trend continues, then 2011 can close with a slight increase. Which is needed, because 2010 was not a good year in Europe.

In May, a total of 1,208,583 new cars were registered in the EU. Registrations were up in Germany (+22.0 percent), France (+6.1 percent) and Italy (+3.6 percent), while the market contracted by 23.3 percent in Spain and 1.7 percent in the UK. Overall, most countries saw their demand for cars increase.

January – May%ShareUnitsUnits% Chg’11’10’11’1011/10ALL BRANDS**5,885,6315,933,738-0.8VW Group22.721.01,336,0271,246,813+7.2VOLKSWAGEN12.111.2713,333663,399+7.5AUDI4.84.4284,371262,236+8.4SEAT2.32.2132,435131,200+0.9SKODA3.53.2205,053189,148+8.4Others (1)0.00.0835830+0.6PSA Group13.213.9776,357826,461-6.1PEUGEOT7.27.6420,964450,588-6.6CITROEN6.06.3355,393375,873-5.4RENAULT Group9.710.5571,272623,971-8.4RENAULT7.98.7466,199515,504-9.6DACIA1.81.8105,073108,467-3.1GM Group8.78.2510,968488,008+4.7OPEL/VAUXHALL7.47.0437,709413,026+6.0CHEVROLET1.21.373,06174,413-1.8GM (US)0.00.0198569-65.2FORD8.18.7476,851517,148-7.8FIAT Group7.38.4430,443498,264-13.6FIAT5.56.8321,288402,957-20.3LANCIA0.70.942,96551,399-16.4ALFA ROMEO1.10.763,48341,137+54.3Others (2)0.00.02,7072,771-2.3BMW Group5.64.9329,138292,456+12.5BMW4.54.0263,874238,738+10.5MINI1.10.965,26453,718+21.5DAIMLER4.64.5271,722264,364+2.8MERCEDES4.03.9236,609229,420+3.1SMART0.60.635,11334,944+0.5TOYOTA Group4.14.3243,525254,599-4.3TOYOTA4.04.2232,507246,578-5.7LEXUS0.20.111,0188,021+37.4NISSAN3.42.8199,879164,724+21.3HYUNDAI2.82.6165,460153,244+8.0KIA1.91.9109,263112,825-3.2VOLVO CAR CORP.1.81.5103,94790,955+14.3SUZUKI1.31.477,89283,288-6.5HONDA1.11.465,89281,835-19.5MAZDA1.11.361,97479,906-22.4MITSUBISHI0.80.649,14635,571+38.2JAGUAR LAND ROVER Group0.70.740,64241,921-3.0LAND ROVER0.50.531,39130,653+2.4JAGUAR0.20.29,25111,268-17.9CHRYSLER (3)0.20.311,78517,242-31.6OTHER**0.91.053,44760,143-11.1

All quiet on the manufacturer front, except for two skirmishes: The Volkswagen Group gained 1.7 percent market share in the first five months, further cementing its domination of the crumbling fortress Europe. The Fiat Group lost 1.1 percent share. The Japanese are holding their own with only minor losses YTD. Nissan even gained 0.6 percent of share.

Full data are here as PDF and here as Excel file.

Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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  • ToolGuy Good for them, good for me.
  • Tassos While I have been a very satisfied Accord Coupe and CIvic Hatch (both 5-speed) owner for decades (1994-2017 and 1991-2016 respectively), Honda has made a ton of errors later.Its EVs are GM clones. That alone is sufficient for them to sink like a stone. They will bleed billions, and will take them from the billions they make of the Civic, Accord, CRV and Pilot.Its other EVs will be overpriced as most Hondas, and few will buy them. I'd put my money on TOyota and his Hybrid and Plug-in strategy, until breaktrhus significantly improve EVs price and ease of use, so that anybody can have an EV as one's sole car.
  • ToolGuy Good for Honda, good for Canada.Bad for Ohio, how could my President let this happen? lol
  • Tassos A terrible bargain, as are all of Tim's finds, unless they can be had at 1/2 or 1/5th the asking price.For this fugly pig, I would not buy it at any price. My time is too valuable to flip ugly Mitsus.FOr those who know these models, is that silly spoiler in the trunk really functional? And is its size the best for optimizing performance? Really? Why do we never see a GTI or other "hot hatches' and poor man's M3s similarly fitted? Is the EVO trying to pose as a short and fat 70s ROadrunner?Beep beep!
  • Carson D Even Tesla can't make money on EVs anymore. There are far too many being produced, and nowhere near enough people who will settle for one voluntarily. Command economies produce these results. Anyone who thinks that they're smarter than a free market at allocating resources has already revealed that they are not.
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