According to data released by the European Automobile Manufacturers Association, in June 2018, the European passenger vehicle market increased by 5.1%, and the number of new car registrations was 1,618,985, the highest in a single month in June. The performance of the five major European markets is different. Sales in the UK (down 3.5% year-on-year) and Italy (down 7.3% year-on-year) both declined, while France (up 9.2% year-on-year), Spain (up 8% year-on-year) and Germany (up 4.2% year-on-year) Increase in demand.
In the first half of 2018, the European passenger vehicle market sales increased by 2.8% year-on-year to 8,695,785 units. It is worth mentioning that since the beginning of this year, the number of new car registrations in the EU 12 countries has increased by 11.4% year-on-year. In the mainstream European market, Spain (up 10.1% year-on-year) %), France (up 4.7% year-on-year) and Germany (up 2.9% year-on-year) all achieved sales growth, while the UK (down 6.3%) and Italy (down 1.4%) both fell in the first half.
From the brand point of view, Volkswagen brand, Volvo and Jaguar achieved a significant increase in sales in June. Among them, Volkswagen Group's sales in June climbed 12.7% year-on-year, and the cumulative sales since the beginning of the year achieved a 7.5% increase; its SEAT brand Sales in June and the first half of the year increased by 18.5% and 19% respectively compared with the same period of last year; among its brands, only Audi's sales in the first half of the year showed a 1.8% decline.
In the first half of the year, Renault Group's sales in Europe increased by 5.0% year-on-year, and its brand sales increased, with Dacia and Lada achieving double-digit growth. Another French company PSA Peugeot Citroen Group (PSA) in Europe The performance was more prominent. The growth rate in June and the first half of the year exceeded 65%. The DS brand increased its largest in June, at 27.3%.
Among the three luxury car brands in June, the BMW brand achieved a 9.9% growth, with a total of 87,418 units sold, ranking first; Audi sold 79,123 units, up 5.6% year-on-year; only Mercedes-Benz sales decreased compared with the same period last year, the decline In addition, FCA, Ford and Nissan both experienced a decline in sales in June; while Toyota, Hyundai and Kia still maintained growth. It is also worth mentioning that Volvo delivered 38,119 vehicles in Europe in June, compared with last year. In the same period, the increase was 29%.