Germany Bucks Death of the Diesel Trend

GlobalData* said today that the 2023 full-year car diesel share in Western Europe is confirmed at 15.8% with 1,830,000 units sold for a 15.8% market share. January 2024 was another month of low Month-over-Month variation in the share of new car sales in the region that were diesel at a provisional 15.5% share with a few minor markets yet to report. This is ~3% drop year-over-year as diesel engines continue to slowly fade away.

“All markets lost diesel share in January on an annualized comparison basis, but Germany saw volume of diesel sales increase by 2500 units while several other markets also saw modest volume increases,”  the GlobalData European Light Vehicle Powertrain Forecasting Team said. AutoInformed notes that Germany is the home of Bosch and Mercedes-Benz, both with long pioneering histories in diesel breakthroughs.**

Ken Zino of AutoInformed.com on Germany Bucks Death of the Diesel Trend

Slowly fading…

Global Data Observations

  • France was the biggest volume loser with January seeing diesel car sales 3500 units lower than a year earlier in January of 2023.
  • The loss of government fiscal support for plug-in cars in Germany over the last year has helped the diesel market there to maintain a level of robustness that has in turn propped up the region’s diesel car sales and share.
  • The slowdown in BEV growth late last year (it turned negative in December, though positive again in January) has been a benefit for internal combustion engine (ICE) demand in general and certainly for diesel.
  • The migration of diesel from the mass market to the premium brands has continued.

 *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: [email protected]

**AutoInformed on

 

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