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Western European Market Diesel Car Sales Down in 2023
Full-year 2023 data show that the diesel share of new car sales in the western European region was just below 16% with December’s result being the same as that of November at 14.4%, according to the GlobalData*consultancy European Light Vehicle Powertrain Forecasting Team. This is close to December 2022, with monthly year-over-year (YoY) declines diminishing recently.
“The slowdown in BEV growth will no doubt have boosted the internal combustion engine (ICE) sector to some degree and perhaps fed into the relatively buoyant end to the year as far as diesel is concerned,” said GlobalData. “All markets ended 2023 with a smaller diesel share than seen in 2022 except one. Our figures indicate that Germany, with a diesel share of 24.4% for 2023 saw a rise from the 2022 value of 23.6%. Diesel demand has held up well in the country, supported by plenty of product from the dominant domestic brands and driving patterns that highlight the value available from diesel versus alternatives very well.”
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“We’ve mentioned it before, but it’s worth restating that as well as a slight rise in share, diesel sales in Germany rose YoY in 2023. The actual increase was 68,000 units, which exactly offset the fall seen in France. No other markets saw shifts of this magnitude. Italy, though seeing diesel share fall marginally in 2023, also saw sales rise (by 36,000) contributing to a net regional diesel car sales decline of just 32,000 units for the year,” GlobalData said.
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*GlobalData
GlobalData says that “4000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.” J.D. Power is also part of GlobalData. Inquiries at: customersuccess.automotive@globaldata.com