Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Best Places to Work
    • Rubber Division IEC
    • War in Ukraine
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • ITEC
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • Airless Tires
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • Ask the Expert
    • Healthcare Elastomers Conference
    • Rubber In Automotive Conference
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
April 19, 2018 02:00 AM

Nissan, Ford, Fiat among losers as European sales fall

Automotive News Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    MUNICH—Nissan, Ford and Fiat brands saw their European sales decline steeply in March as industrywide registrations fell by 5.2 percent, hit by drops in three of the region's five biggest markets: Germany, the United Kingdom and Italy.

    Registrations fell to 1.84 million last month across the European Union and European Free Trade Association markets, according to data released Wednesday by industry association European Automobile Manufacturers Association (ACEA).

    Sales dropped at eight of the 10 top-selling car making groups.

    "Momentum is starting to slow in some markets and especially in the United Kingdom," ACEA said in a statement.

    Nissan's sales tumbled 16.3 percent last month, with Ford down 14.6 percent and Fiat brand down 13 percent.

    Volkswagen Group sales were flat with the core VW brand's volume increasing by 1.8 percent, outpaced by 9.3 percent growth at Seat and Skoda's 3.6percent gain. Audi sales fell 9.3 percent while Porsche's volume was down 11 percent.

    PSA Group recorded a 1.4 percent gain for its Peugeot unit and a 3.7 percent decline for Citroen. Sales of its newly acquired Opel/Vauxhall brands dropped to 109,733 from 130,462 in March last year.

    Renault Group sales fell 3.2 percent with Renault brand down 7.5 percent and Dacia gaining 11 percent. Renault's new Alpine sports car brand sold 37 vehicles in March.

    Toyota brand sales fell 6.3 percent while Asian rivals Kia and Hyundai gained 4.5 percent and 3.3 percent respectively.

    BMW brand was down 6.6p ercent, faring worse than Mercedes-Benz whose volume slipped 1.8 percent.

    U.K. sales plunged by 16 percent in March as consumers' apprehension over Brexit and a slump in diesel sales eroded demand. An increase in vehicle taxes that took effect in April 2017 also led to a spate of purchases last March.

    The German market was down 3.4 percent as a decline in diesel-car sales accelerated after a court ruled that cities can ban vehicles to tackle pollution. In Italy registrations dropped by 5.8 percent, partly hit by customers postponing purchases as politicians negotiated to form a new government following recent elections.

    First-quarter EU and EFTA registrations edged up 0.6 percent, the slowest gain since the second quarter of 2013, when the region was in the throes of a recession.

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Bolder, Liberty Tire collaboration sets stage for more circular industry
    2
    Formula DRIFT proving Giti's prowess, raising innovation bar
    3
    'Made in America': Giti bringing premium tires, in-demand sizes to U.S. plant
    4
    Goodyear to halve capacity at German plant, cut jobs
    5
    Enviro's Sorensson, Blomqvist named to JV Board of Directors
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Best Places to Work
      • Rubber Division IEC
      • War in Ukraine
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • ITEC
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • Airless Tires
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • Healthcare Elastomers Conference
        • Rubber In Automotive Conference
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION