ExpertEye European Automotive Report Q2 2016 | Page 25

Top 10 Makes improving Spanish economic situation can also be seen in the growth in acceptance of new technology with hybrid, electric and alternative energy vehicle sales growing by 84.2% during the first half of the year, selling more in 6 months than during the whole of 2015, although it should be acknowledged that such high percentage growth is on the back of very low absolute sales volumes.. New car sales in total were up 11.2% in June and +12.2% YTD with the domestic Seat León leading the pack, but even with sales set to hit 1.16m in 2016 and 1.27m next year they are still circa 22% lower than car sales in 2006. LCV sales also increased, rising 17.3% in June and 13.8% YTD supporting the generally improving commercial climate. The appeal of small but premium models during the worst of the economic crisis has helped push Mini to the top of the RV table but as the economy continues to improve and Median M arket Average to pre-crisis levels and we expect values to remain flat over the next year or two with values generally moving just in line with inflation, although the demand for SUVs may see a further 1-2 percentage point increase by 2018. 50.5 -0.5% +2.3% 49.8 +2.5% AUDI 47.7 +1.7% JAGUAR 48.4 BM W 46.3 JEEP 43.7 M AZDA 43.5 LEXUS 43.3 PORSCHE 43.0 SEAT 42.9 Top 10 Segments BMW are expected to close the gap with some even overtaking Mini for the top spot by the RVs in Spain saw some of the biggest falls during the economic crisis but they are now back Months LAND ROVER buyers revert back to their preferred larger premium cars Land Rover, Jaguar, Audi and end of the year. last 3 RV% 40.9 M INI % Change Median M arket Average J3 Premium SUV M 1 Small M PV C1 M edium D1 Large +1.0% +1.2% +5.2% % Change last 3 +2.5% 46.7 M 2 Large M PV +5.2% 49.7 40.9 D2 Large Premium J4 Luxury SUV +3.8% Months 48.6 J1 Small SUV +1.1% RV% C2 M edium Premium J2 Compact SUV +3.9% 46.9 46.1 45.0 43.3 42.2 42.1 42.0 +2.3% +0.1% +5.6% +2.1% +3.2% +1.2% +0.6% +3.5% +1.2% +2.1% Source: Experteye AG European Automotive Report - 2016 Quarter 2 24