Europe In October 2012: Down Some More

Bertel Schmitt
by Bertel Schmitt

The battered European new car market continues its drive into the netherworld, but the speed of descent has lowered a little. According to data compiled and released by the European manufacturers association ACEA, 959,412 passenger vehicles were registered in October, 4.8% less than in October last year. It looks like the year will end with some 12 million cars sold, a level the EU 27 hasn’t seen since it existed.

January through October, new car registrations stand at 10,327,276 units, 7.3% less in than in the first ten months of 2011.

Passenger Car Registrations EU October 2012Oct’12Oct’11YoYYTD 12YTD 11YoYAUSTRIA26,32228,909-8.9293,212302,448-3.1BELGIUM41,84642,462-1.5428,579483,008-11.3BULGARIA1,5121,729-12.615,76416,083-2.0CYPRUS7951,168-31.99,68712,194-20.6CZECH REPUBLIC15,96314,858+7.4147,022142,343+3.3DENMARK15,21612,400+22.7143,715139,630+2.9ESTONIA1,4741,335+10.414,78812,740+16.1FINLAND8,18210,070-18.797,115110,179-11.9FRANCE162,335176,103-7.81,593,8441,837,374-13.3GERMANY259,529258,253+0.52,618,3272,659,989-1.6GREECE5,1115,023+1.850,64684,254-39.9HUNGARY4,0473,511+15.343,36937,326+16.2IRELAND1,6611,566+6.178,28688,729-11.8ITALY116,875133,411-12.41,207,8601,504,528-19.7LATVIA1,001974+2.88,9968,751+2.8LITHUANIA1,1901,180+0.810,38011,136-6.8LUXEMBURG4,4543,923+13.543,54443,532+0.0NETHERLANDS26,89643,635-38.4454,273497,520-8.7POLAND22,14622,650-2.2229,209225,194+1.8PORTUGAL7,3889,137-19.181,827132,601-38.3ROMANIA6,7827,828-13.455,91063,709-12.2SLOVAKIA4,7965,751-16.658,64155,705+5.3SLOVENIA3,7384,547-17.842,44550,925-16.7SPAIN44,87357,278-21.7600,237681,199-11.9SWEDEN24,02825,052-4.1227,739252,688-9.9UNITED KINGDOM151,252134,944+12.11,771,8611,688,038+5.0EU 27959,4121,007,697-4.810,327,27611,141,823-7.3

Again, there is the story of the two Europes, with the UK and some eastern countries up solidly, with Germany flat, and problem states in the south down hard. Greece is up a bit, it looks like it can’t fall much harder than a 5,000 unit month. Greece is down nearly 40 percent for the year.

Passenger Car Registrations EU October 2012OctoberJanuary – October %ShareUnitsUnits% Chg %ShareUnitsUnits% ChgOct’12Oct’11Oct’12Oct’11YoYOct’12Oct’11Oct’12Oct’11YoYALL BRANDS959,4121,007,697-4.810,327,27611,141,823-7.3VW Group25.523.9244,595240,628+1.624.723.22,553,8412,580,242-1.0VOLKSWAGEN13.312.7127,793128,481-0.512.812.31,323,8451,372,950-3.6AUDI5.95.156,51751,093+10.65.65.0582,528553,454+5.3SEAT2.12.219,86422,074-10.02.12.3213,028254,293-16.2SKODA3.93.937,15638,845-4.33.83.6395,722397,864-0.5Others (1)0.30.03,265135+2318.50.40.038,7181,681PSA Group12.312.3118,143124,435-5.112.012.71,238,6801,411,805-12.3PEUGEOT6.76.663,99766,978-4.56.56.9668,932767,632-12.9CITROEN5.65.754,14657,457-5.85.55.8569,748644,173-11.6RENAULT Grp8.810.784,783108,090-21.68.59.6874,9271,068,954-18.2RENAULT6.68.563,69085,451-25.56.67.8678,663866,434-21.7DACIA2.22.221,09322,639-6.81.91.8196,264202,520-3.1GM Group7.17.968,48179,951-14.38.28.7847,761970,668-12.7OPEL/VXH6.06.657,75866,274-12.86.87.4700,422825,590-15.2CHEVROLET1.11.410,70413,645-21.61.41.3147,078144,678+1.7GM (US)0.00.01932-40.60.00.0261400-34.8FORD7.57.872,33078,861-8.37.68.1786,989898,767-12.4FIAT Group6.66.663,25667,009-5.66.57.2672,458803,187-16.3FIAT4.94.847,14848,309-2.44.85.2490,926583,172-15.8LANCIA/CHRY0.70.86,8788,109-15.20.80.880,40686,109-6.6ALFA ROMEO0.70.86,8448,243-17.00.71.076,528110,183-30.5JEEP0.20.22,1102,038+3.50.20.221,32418,382+16.0Others (2)0.00.0276310-11.00.00.03,2745,341-38.7BMW Group6.46.261,10762,148-1.76.25.9640,165654,013-2.1BMW5.14.948,78549,248-0.95.04.7511,792518,554-1.3MINI1.31.312,32212,900-4.51.21.2128,373135,459-5.2DAIMLER5.45.051,33049,987+2.75.24.9532,894547,528-2.7MERCEDES4.74.345,24643,823+3.24.64.3473,657481,303-1.6SMART0.60.66,0846,164-1.30.60.659,23766,225-10.6TOYOTA Grp4.03.838,44238,007+1.14.23.9433,863435,997-0.5TOYOTA3.83.636,80536,195+1.74.03.7411,804415,350-0.9LEXUS0.20.21,6371,812-9.70.20.222,05920,647+6.8NISSAN3.43.232,19732,136+0.23.53.4360,602380,240-5.2HYUNDAI3.42.932,35529,162+10.93.42.9350,608321,491+9.1KIA2.82.827,10728,639-5.32.72.1277,999237,646+17.0VOLVO2.01.919,22018,758+2.51.71.8176,930198,380-10.8SUZUKI1.11.210,52712,200-13.71.21.3125,757141,349-11.0HONDA1.01.29,97012,215-18.41.11.1115,615122,217-5.4JLR Group0.90.88,6567,734+11.91.00.7101,41978,549+29.1LAND ROVER0.80.67,2586,206+17.00.80.581,82259,266+38.1JAGUAR0.10.21,3981,528-8.50.20.219,59719,283+1.6MAZDA0.70.86,3658,037-20.81.01.098,912114,203-13.4MITSUBISHI0.60.75,2817,117-25.80.60.858,84087,859-33.0OTHER0.50.35,2672,583+103.90.80.879,01688,727-10.9

On the OEM side, Volkswagen Group continues to win the war of attrition. Its sales are up 1.6 percent for the month, and down only 1 percent for the year. More than a quarter of all cars sold in the EU in October came from the Volkswagen Group. After that, a bloodbath. Renault down 21.6 percent, GM down 14.3 percent Ford lost 8.3 percent, Fiat down 5.6 percent in October, an all of them down double digits for the year.

Continuing to drive Europeans crazy: Hyundai, up 10.9 percent in October. Sergio Marchionne implores the EU to keep the Koreans out, Hyundai smiles, knowing that most of its cars sold in Europe are made in Europe.

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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  • El scotto El scotto on Nov 16, 2012

    Yep, Europe is in a recession and the Euro squabbling doesn't help any.

  • Tstag Tstag on Nov 16, 2012

    JLR would be up by more than 30% if it wasn't for the fact they are running out of capacity

    • El scotto El scotto on Nov 16, 2012

      But what percentage head from the factory to the roll on/roll off ship?

  • Rover Sig 2021 Jeep Grand Cherokee Limited, like my previous JGC's cheap to keep (essentially just oil, tires) until recent episode of clunking in front suspension at 50K miles led to $3000 of parts replaced over fives visits to two Jeep dealers which finally bought a quiet front end. Most expensive repair on any vehicle I've owned in the last 56 years.
  • Bob Hey Tassos, have you seen it with top down. It's a permanent roll bar so if it flips no problem. It's the only car with one permanently there. So shoots down your issue. I had a 1998 for 10 years it was perfect, but yes slow. Hardly ever see any of them anymore.
  • 3-On-The-Tree 2007 Toyota Sienna bedsides new plugs, flat tire on I-10 in van Horn Tx on the way to Fort Huachuca.2021 Tundra Crewmax no issues2021 Rav 4 no issues2010 Corolla I put in a alternator in Mar1985 Toyota Land Cruiser FJ60 280,000mi I put in a new radiator back in 08 before I deployed, did a valve job, new fuel and oil pump. Leaky rear main seal, transmission, transfer case. Rebuild carb twice, had a recall on the gas tank surprisingly in 2010 at 25 years later.2014 Ford F159 Ecoboost 3.5L by 80,000mi went through both turbos, driver side leaking, passenger side completely replaced. Rear min seal leak once at 50,000 second at 80,000. And last was a timing chain cover leak.2009 C6 Corvette LS3 Base, I put in a new radiator in 2021.
  • ChristianWimmer 2018 Mercedes A250 AMG Line (W177) - no issues or unscheduled dealer visits. Regular maintenance at the dealer once a year costs between 400,- Euros (standard service) to 1200,- Euros (major service, new spark plugs, brake pads + TÜV). Had one recall where they had to fix an A/C hose which might become loose. Great car and fun to drive and very economical but also fast. Recently gave it an “Italian tune up” on the Autobahn.
  • Bd2 Lexus is just a higher trim package Toyota. ^^
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