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Jato Dynamics has confirmed that 1,202,877 new cars were registered in the European market in October, an increase of 5.6% when compared to the same month in 2016.

The figures constitute the highest volume recorded in Europe for October since 2009. The first ten months of the year show volumes 3.6% higher than 2016, with 13.18 million units registered over the period. October saw strong performances in France, Italy, Spain, Poland and the Netherlands. These markets offset the decline the UK market where registrations were down by 12.2% compared to October 2016.

The month saw shifts in the fuel types of the vehicles sold.Diesel vehicles declined by 9.9% making up just 41.4% of the total market. Petrol accounted for 619,300 (51.5% of the market), an increase in market share of 5.1 percentage points. AFVs reported the second highest market share ever recorded in October 2017, with 66,000 electric and hybrid vehicles registered – 5.5% of total registrations. 

Felipe Munoz, Global Automotive Analyst at JATO Dynamics, commented:”Demand for diesel vehicles has declined following a series of initiatives to reduce diesel use, and subsequent confusion around proposed bans. This shift has boosted gasoline and AFV registrations. Growth of electric and hybrid vehicles has accelerated during the last four months and consumers are more aware of the choices available. But, despite a series of launches, there’s still limited AFV choice in categories such as the SUV segment. When looking at the AFV data,1 hybrids still lead the way, accounting for 59% of the total volume for the AFV category, compared to PHEV and fully electric (BEV) vehicles, which accounted for 23% and 17% respectively.”

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