European car sales still suffering from crisis | RetailDetail

European car sales still suffering from crisis

European car sales still suffering from crisis

The sales of cars in the European Union continue to drop. As a consequence of the economic crisis only 6.2 million new cars were sold in the first six months of 2013. That is 6.6% less than in the same period of 2012.

Bad results on big markets

The drop in the number of cars sold is mainly due to disappointing sales on a number of big markets, such as France (-11.2%), Italy (-10.3%) and Germany (-8.1%), as is shown in the number of the European car federation Acea.


In the Netherlands the drop was a staggering 36%, but that was because of strong sales in the first half of the previous years. The consumers in the Netherlands had anticipated on the introduction of stricter CO² rules starting 1 July 2012. Partly because of that only 211,910 new cars were sold in the first six months of 2013.


Only in Cyprus, suffering strongly from the economic crisis, the drop was bigger in the first semester at 42.5%. In June alone the drop in the Netherlands was 54%.


Volkswagen controls quarter of the market

Devided by car manufacturer Volkswagen remains comfortly in the lead with a market share of 24.8%. The sales of the company did drop by 3.4% in the first six months of the year, but that was a smaller decline than the rest of the market. Within the group Seat performed very well: the brand saw its sales climb by 10%.


It went less well for PSA Group (Peugeot, Citroën). It had a drop in sales of over 13% in the first half of the year, mainly because of the struggling market in home country France. Their market share dropped to 11.3%. Both Peugeot and Citroën struggled.


The Renault group did slightly better. Their sales dropped only 4.5%, causing their market share to rise to 8.8%. The decline of the brand Renault was partly compensated by the profits of subsidiary Dacia. GM and Ford complete the top five of manufacturers.

Questions or comments? Please feel free to contact the editors

The end of the retail employee


For the first time it’s safe to say that the future of work is really fabricated by futuristic events. People will need to become just as versatile as AI technologies and blockchain applications. Are you ready?

Alibaba doubles Lazada investment


Chinese Alibaba will once again invest 2 billion dollars (1.6 billion euro) into e-commerce company Lazada, active in Southeast Asia. It invested a similar sum in the group about two years ago.

CK Hutchison owner steps down


Li Ka-shing, CK Hutchinson’s owner and CEO, will step aside mid-May. The 89-year old will then pass on the baton to his eldest son, Victor Li, who will then take control of chains like Kruidvat and ICI Paris XL.

Toys ‘R’ Us goes bankrupt


The definitive end is approaching for the former toy store giant, Toys “R” Us. After the death sentence was signed for its 100 British stores, its American store network will also shut down.

Unilever chooses Rotterdam


The long-standing rumour has now been confirmed: Unilever will have its main office in Rotterdam, rather than London. The food and detergent giant’s board has made the call after nearly a year of debate.

Claire’s edges closes to bankruptcy


Store chain Claire’s is allegedly preparing to shut down in the next few weeks. Following that, the current owner, Apollo Global Management would give the company to several debtors.

Back to top