ExpertEye European Automotive Report Q2 2016 | Page 10

2016 HY1 Brand Winners and Losers . The he rise in new car sales has been generally good news for all automotive manufacturers and suppliers with all bar a handful enjoying rising sales. (20,000) Fiat enjoyed the strongest est growth during the early part of the year but Renault is now well ahead accounting for 11.6% of new car sales growth thanks in part to its move away from traditional saloons and hatchbacks to a more SUV based model line-up. up. Whilst its sister brand Nissan Nissa has seen market share fall this is not entirely unexpected since they have enjoyed healthy growth over the last few years as they underwent a total model refresh. The big three German premium brands have all saw near table topping increases in sales as a combination of new models, strong discounts and robust residual values make them attractive to both corporate and private buyers, particularly with the rise in balloon finance “PCP” in the private sector. Whilst VW has seen sales failing to grow as fast as many of its volume peers the press coverage of the emission RENAULT, 11.6% scandal seems to have had minimal impact on the desirability of all of its brands with Skoda also enjoying strong growth on top of the previously mentioned Audi battle with MercedesBenz and BMW, however Seat continues to struggle to find its way. European Automotive Report - 2016 Quarter 2 FIAT, 9.4% MERCEDE S- BENZ, 8.5% Other brands, 32.1% FORD, 4.3% BMW, 8.0% AUDI, 6.3% KIA, 4.4% SKODA, 4.6% OPEL/VAU XHALL, PEUGEOT, 6.1% 4.6% Others FCA DS CHEVROLET SEAT NISSAN MITSUBISHI - 20,000 40,000 60,000 AUDI OPEL PEUGEOT SKODA KIA FORD MAZDA HYUNDAI TOYOTA HONDA JAGUAR CITROEN DACIA VOLVO MINI SUZUKI LAND ROVER JEEP SMART VOLKSWAGEN LANCIA/CHRYS LEXUS ALFA ROMEO PORSCHE Oth Japanese Others VW Other GM 80,000 100,000 FIAT MERCEDES BMW Source: RENAULT ACEA.BE 9