Preliminary May diesel market share figures for the European Union show that ~16.8% of new car sales were with a diesel engine, including diesel hybrids, according to data just publicly released by the respected LMC Automotive consultancy, part of the GlobalData. *
LMC also confirmed that the April diesel share was 17.1%. The latest share figure is a 2.7 percentage-point drop from the year-ago sales, while volume, conversely, rose by ~5000 units to just under 170000 sales,” LMC said.
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“France was the only country to see substantial YoY volume loss in May with a total that is 7.8k units lower than a year earlier. Both Germany and Italy had bigger diesel markets in May 2023 than in May 2022, adding a total of more than 18,000 sales to the May number relative to the previous year.
“Much of this is because diesel is receiving an uplift as supply constraints in the industry ease and delivery volume overall in the region is now on an upward trend. Diesel fuel has come off the high peaks seen in 2022 and this is helping to sustain demand versus other options, though the diesel model offer continues to contract,” LMC said.
*LMC Automotive – a GlobalData Company
LMC Automotive is a leading independent and exclusively automotive focused provider of global forecasting and market intelligence in the areas of vehicle sales, production, powertrains and electrification. The company’s global clients include car and truck makers, component manufacturers and suppliers, financial, logistics and government institutions. LMC Automotive is part of the LMC group, as is J.D. Power.
LMC is also the world’s leading economic and business consultancy for the agribusiness sector. “We are a gold standard information provider to the world’s largest industries, and continuously collect, update, and enrich 50+ terabytes of unique data to create comprehensive, authoritative, and granular industry intelligence.
“We leverage the collective expertise of over 2,000 in-house industry analysts, researchers, consultants, and business journalists, as well as thousands of external thought-leaders, to create timely, differentiated and actionable insight.
“We help you work smarter and faster by giving you access to powerful analytics and customizable workflow tools tailored to your role, alongside direct access to our expert community of research analysts.
“We have a single taxonomy across all of our data assets and integrate our capabilities into a single platform – giving you easy access to a complete, dynamic, and comparable view of the world’s largest industries. Contact Us For any questions or further inquiries please contact us at: customersuccess.automotive@globaldata.com.”
Diesels Still Selling in the EU New Car Market
Preliminary May diesel market share figures for the European Union show that ~16.8% of new car sales were with a diesel engine, including diesel hybrids, according to data just publicly released by the respected LMC Automotive consultancy, part of the GlobalData. *
LMC also confirmed that the April diesel share was 17.1%. The latest share figure is a 2.7 percentage-point drop from the year-ago sales, while volume, conversely, rose by ~5000 units to just under 170000 sales,” LMC said.
Click for more GlobalData.
“France was the only country to see substantial YoY volume loss in May with a total that is 7.8k units lower than a year earlier. Both Germany and Italy had bigger diesel markets in May 2023 than in May 2022, adding a total of more than 18,000 sales to the May number relative to the previous year.
“Much of this is because diesel is receiving an uplift as supply constraints in the industry ease and delivery volume overall in the region is now on an upward trend. Diesel fuel has come off the high peaks seen in 2022 and this is helping to sustain demand versus other options, though the diesel model offer continues to contract,” LMC said.
*LMC Automotive – a GlobalData Company
LMC Automotive is a leading independent and exclusively automotive focused provider of global forecasting and market intelligence in the areas of vehicle sales, production, powertrains and electrification. The company’s global clients include car and truck makers, component manufacturers and suppliers, financial, logistics and government institutions. LMC Automotive is part of the LMC group, as is J.D. Power.
LMC is also the world’s leading economic and business consultancy for the agribusiness sector. “We are a gold standard information provider to the world’s largest industries, and continuously collect, update, and enrich 50+ terabytes of unique data to create comprehensive, authoritative, and granular industry intelligence.
“We leverage the collective expertise of over 2,000 in-house industry analysts, researchers, consultants, and business journalists, as well as thousands of external thought-leaders, to create timely, differentiated and actionable insight.
“We help you work smarter and faster by giving you access to powerful analytics and customizable workflow tools tailored to your role, alongside direct access to our expert community of research analysts.
“We have a single taxonomy across all of our data assets and integrate our capabilities into a single platform – giving you easy access to a complete, dynamic, and comparable view of the world’s largest industries. Contact Us For any questions or further inquiries please contact us at: customersuccess.automotive@globaldata.com.”