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Western European car sales extend declines on emissions tests

Auto News - Published on Fri, 09 Nov 2018

Image Source: Euronews
Reuters reported that Western European car registrations fell further in October, recording a 7.3 per cent decline for the month, as the bungled implementation of tighter emissions test standards continued to weigh on sales. According to LMC Automative data, registrations fell to 1.015 million cars last month from 1.094 million a year earlier, cutting its full-year sales forecasts for the region this year and next. The new Worldwide Harmonised Light Vehicle Test became mandatory on Sept. 1, forcing carmakers including Volkswagen and Renault to halt deliveries of some models that had yet to be re-certified.

LMC analyst David Oakley said that "Although many models which had been temporarily unavailable due to backlogs in WLTP testing were back on sale in October, it appears that it will take more time for the volume of registrations to reflect this.”

Together with Fiat Chrysler, the same manufacturers had led an August sales surge, as auto brands cleared non-compliant stocks by discounting and registering their own cars, later sold as used.

The seasonally adjusted annualised rate of Western European sales rose to 12.6 million vehicles last month, up 11.9 per cent from September, LMC said. Its numbers are based on national sales data and estimates for some smaller markets.

The firm cut its sales forecast for the region to 14.41 million cars in 2018 - a 0.8 per cent annual gain - from the previously expected 14.5 million, citing a weaker outlook in Italy among contributing factors. Registrations in 2019 are now seen at 14.54 million instead of 14.6 million.

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Posted By : Joykumar Irom on Fri, 09 Nov 2018
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