The EU passenger car market started 2017 well, partially due to extra selling days during the month. Registrations grew markedly (+10.2%) compared to January 2016, totalling 1,170,220 units, according to ACEA data.
Among the major markets, Spain (+10.7%), France (+10.6%), Germany (+10.5%) and Italy (+10.1%) recorded very strong performances in January, all posting double-digit percentage gains. The UK passenger car market also grew during the first month of 2017, although at a more modest rate (+2.9%).
Highest growth market was Latvia, up 32.7%.
Volkswagen Group’s sales rose 10.3% with the core brand seeing a rise of 10.8% and Seat up 25.9%. Renault Group volume was up 10.4%, FCA 15%, Ford 9.9%, GM Europe’s Opel/Vauxhall 5.1%, Daimler 14.6%, BMW 10.4%, Toyota 11.9%, PSA 6.8% and Volvo 10.2%.
Among minor players, Suzuki (29.9%) Kia (20.5%) booked healthy rises.
Mazda (-9%), Honda (-7%) and Tata Motors’ Jaguar Land Rover (-2.4%) were among the few whose European sales fell last month.
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By GlobalData