In July, for the 12th month in a row, diesel* captured around 15% of the West European new car market, according to an analysis released today by the respected GlobalData consultancy.**
“In fact, the preliminary July result was exactly that figure with June being confirmed at 14.2%. July historically is a robust month for diesel sales though the reason for this isn’t clear. So, while the Mont- over-Month diesel share was positive, the Year-over-Year comparison was more negative than seen in June,” said the GlobalData European Light Vehicle Powertrain Forecasting Team.
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GlobalData Observations
- Overall, Year-over-Year comparisons have revealed a flat diesel market in the region through 2024 and for some months prior to that period. Five markets saw YoY increases in diesel share in July while the rest saw mostly small declines with Austria (-6.1pp) and Italy (-4.5pp) the biggest losers from a share standpoint.
- Volume-wise, only Germany saw a notable YoY increase in diesel demand in July, though several other sizeable car markets including Spain, Netherlands and Switzerland saw the same diesel car sales as in 2023.
- France and Italy suffered the largest annualized drop in diesel sales as their long decline from high diesel shares in the past continues.
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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
West European July New Car Market Diesel Share at ~15%
In July, for the 12th month in a row, diesel* captured around 15% of the West European new car market, according to an analysis released today by the respected GlobalData consultancy.**
“In fact, the preliminary July result was exactly that figure with June being confirmed at 14.2%. July historically is a robust month for diesel sales though the reason for this isn’t clear. So, while the Mont- over-Month diesel share was positive, the Year-over-Year comparison was more negative than seen in June,” said the GlobalData European Light Vehicle Powertrain Forecasting Team.
Click to enlarge
GlobalData Observations
*AutoInformed on
**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