In October, passenger car registrations across Europe dropped by 7.8%. Following a modest uplift in September (+3.1%), the European car market recorded 953 615 new vehicles in the tenth month of the year - 81 054 fewer than in the same month of 2019.
According to ACEA - the European Automobile Manufacturers’ Association - the reintroduction of restrictions by a number of European governments to tackle the second wave of the novel Coronavirus (COVID-19) weighed on demand. Ireland (+5.4%) and Romania (+17.6%) were the only countries to post positive growth in October.
Among the main markets, Spain registered the sharpest fall (-21%). It was followed by more moderate declines in France (-9.5%) and Germany (-3.6%), while Italy edged down by just 0.2%.
Year-to-date
Even so, the pandemic continues to depress the annual performance of the passenger car market in Europe. Between January and October, new passenger car registrations fell by 26.8% - equivalent to 2.9 million fewer units compared with the same period in 2019.
Over the first ten months of the year, Spain recorded the biggest losses among Europe’s major car markets (-36.8%). Next came Italy (-30.9%), France (-26.9%) and Germany (-23.4%).
The Portuguese case
In October, the national market for new passenger cars underperformed the European average, posting a negative balance of 12.6%.
Looking at the cumulative period, Portugal also remains well below the European Union average, with a negative variation of -37.1%.
Figures by brand
Below is the table showing passenger car figures for the 15 most-registered car brands in the European Union during October. Year-to-date values are also included:
| October | January to October |
|---|
| Position | Brand | 2020 | 2019 | Change % | 2020 | 2019 | Change % |
|---|---|---|---|---|---|---|---|
| 1st | Volkswagen | 105 562 | 129 723 | -18.6% | 911 048 | 1 281 571 | -28.9% |
| 2nd | Renault | 75 174 | 74 655 | +0.7% | 614 970 | 823 765 | -25.3% |
| 3rd | Peugeot | 69 416 | 73 607 | -5.7% | 545 979 | 737 576 | -26.0% |
| 4th | Mercedes-Benz | 61 927 | 64 126 | -3.4% | 480 093 | 576 170 | -16.7% |
| 5th | Škoda | 52 119 | 53 455 | -2.5% | 455 887 | 552 649 | -17.5% |
| 6th | Toyota | 49 279 | 52 849 | -8.5% | 429 786 | 516 196 | -16.7% |
| 7th | BMW | 47 204 | 55 327 | -14.7% | 420 363 | 511 337 | -17.8% |
| 8th | Audi | 47 136 | 40 577 | +16.2% | 379 426 | 489 416 | -22.5% |
| 9th | Fiat | 46 983 | 44 294 | +6.1% | 373 438 | 526 183 | -29.0% |
| 10th | Ford | 45 640 | 57 614 | -20.8% | 402 925 | 595 343 | -32.3% |
| 11th | Citroën | 41 737 | 47 295 | -11.8% | 344 343 | 498 404 | -30.9% |
| 12th | Opel | 39 006 | 39 313 | -0.8% | 311 315 | 574 209 | -45.8% |
| 13th | Dacia | 36 729 | 36 686 | +0.1% | 306 951 | 453 773 | -32.4% |
| 14th | Kia | 34 693 | 34 451 | +0.7% | 282 936 | 336 039 | -15.8% |
| 15th | Hyundai | 33 868 | 39 278 | -13.8% | 294 100 | 386 073 | -23.8% |
Volkswagen remains the Europeans’ preferred brand. It held on to first place in October ahead of Renault. Even so, the French manufacturer recorded a 0.7% rise in registrations in the tenth month of the year, while the Wolfsburg-based Germans posted one of October’s steepest declines (-18.6%).
Audi also provided a bright spot, continuing its growth trajectory in the European market. In October, the Volkswagen Group brand increased by 16.2%, taking eighth place among the most-registered brands across Europe (in September, Audi ranked as Europeans’ 12th most sought-after brand).
Growth was also evident at Fiat, which was up 6.1% compared with 2019. Kia (+0.7%) and Dacia (+0.1%) likewise delivered positive results.
On a cumulative basis, all 15 brands listed show negative figures versus last year. This is largely a consequence of the economic crisis triggered by (COVID-19) and the restriction and lockdown measures being applied by most European governments.
ACEA had already forecast that the market for new passenger cars in Europe would fall by around 25% in 2020.
Consult Fleet Magazine for more articles about the car market.
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