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The western European diesel car market-share fell back in March as the BEV segment gained share, according the LMC automotive consultancy. February’s diesel share of new car sales in the region was at 21.4% while March preliminary data has it at 18.0%. Many buyers opted for electrified cars, in particular BEVs with Tesla providing a “strong showing,” according to LMC. In terms of volume, March, despite the declining diesel share, saw a higher volume of diesel cars being delivered than either January or February: 184,000 were sold versus 154,000 in February.
“Notwithstanding the share decline in March, it could be said that diesel share remains in relative stability that has been in place during the last two quarters following lengthy decline. March’s 18% figure is in fact a little higher than that seen in September of 2021,” said LMC.
“Further decline is inevitable though and may be accelerated by steep price increases at the diesel pump. Gasoline prices have risen a little less, which heightens the attractiveness of that fuel type over diesel while BEV looks increasingly alluring from a fuel price standpoint as liquid road fuels continue at near-record price levels across the region,” noted LMC.
The EU has been debating a potential sixth round of sanctions against Russia invading Ukraine. However, an embargo on oil and/or gas to stop financing Putin’s war machine remains uncertain. The European Union has paid €35 billion for Russian energy since the start of the war, according to EU Foreign Affairs Representative Joseph Borrell. During 2021, the EU imported ~40% of its gas and ~25% of its oil from Russia. The EU has banned Russian coal. AutoInformed thinks it’s only a question of when it bans oil.
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Western Europe – BEVs Gaining Share. Diesel Threatened.
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The western European diesel car market-share fell back in March as the BEV segment gained share, according the LMC automotive consultancy. February’s diesel share of new car sales in the region was at 21.4% while March preliminary data has it at 18.0%. Many buyers opted for electrified cars, in particular BEVs with Tesla providing a “strong showing,” according to LMC. In terms of volume, March, despite the declining diesel share, saw a higher volume of diesel cars being delivered than either January or February: 184,000 were sold versus 154,000 in February.
“Notwithstanding the share decline in March, it could be said that diesel share remains in relative stability that has been in place during the last two quarters following lengthy decline. March’s 18% figure is in fact a little higher than that seen in September of 2021,” said LMC.
“Further decline is inevitable though and may be accelerated by steep price increases at the diesel pump. Gasoline prices have risen a little less, which heightens the attractiveness of that fuel type over diesel while BEV looks increasingly alluring from a fuel price standpoint as liquid road fuels continue at near-record price levels across the region,” noted LMC.
The EU has been debating a potential sixth round of sanctions against Russia invading Ukraine. However, an embargo on oil and/or gas to stop financing Putin’s war machine remains uncertain. The European Union has paid €35 billion for Russian energy since the start of the war, according to EU Foreign Affairs Representative Joseph Borrell. During 2021, the EU imported ~40% of its gas and ~25% of its oil from Russia. The EU has banned Russian coal. AutoInformed thinks it’s only a question of when it bans oil.
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.