26 Mar '18, 8am

#Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

European car registrations increased by 4.2% to 1.16 million, 50,000 more than in February 2017. The results mark the highest February volume since 2008, when 1.19 million cars were registered, as well as constituting the highest YTD volume since 2008, with 2.44 million units registered in Europe in 2018 so far, according to figures from JATO Dynamics. The market share of diesel vehicles fell to 39.5% in February, as gasoline car registrations increased by 16%. SUVs were a key driver of growth in February, with the volume of vehicles registered up by 24.7% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. In contrast, the rest of the segments combined recorded a significant decline in volume of 3.6%. This growth can be attributed to key markets such as Germany, Spain and France, as well as five other markets (Croatia, Gre...

Full article: http://www.greencarcongress.com/2018/03/20180326-jato.html

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