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Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

Green Car Congress

The results mark the highest February volume since 2008, when 1.19 million cars were registered, as well as constituting the highest YTD volume since 2008, with 2.44 SUVs were a key driver of growth in February, with the volume of vehicles registered up by 24.7% in February 2018, with a total of 67,900 SUVs registered.

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Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

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But it was the positive economic situation across the continent that boosted results, JATO said, as midsize markets such as the Netherlands, Poland and Sweden all posted increases, and smaller markets like Hungary, Greece, Romania, Croatia and Lithuania similarly posted significant increases. There were 2.92 million registrations.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. Registrations of SUVs fell by 48% to 338,300 units while increasing their market share to almost 40%. million units.

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JATO Dynamics: European new car registrations buoyed by SUVs during February 2016

Green Car Congress

The SUV segment continued to rule the market last month, gaining further market share at the expense of more traditional segments. In February, SUV registrations totalled 265,500 units, up by 31% compared to February 2015, and counting for 24.4% The European new-car market double-digit growth rate is being driven by the SUV boom.

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