Latest figures released by the European Automobile Manufacturer’s Association(ACEA) reveal that diesel vehicle sales in Europe are declining at a rapid pace. The slowdown in sales coupled with stricter emission laws being implemented in the EU has led to a lot of OEM’s to cease providing diesel options for their vehicle models.
In the first quarter of 2018, 37.9% of all new passenger cars in the EU ran on diesel. Petrol cars accounted for 55.5% of the market, making it the most sold fuel type. Alternatively-powered vehicles accounted for 6.5% of EU car sales in Q1 2018, with electrically‐chargeable vehicles making up 1.7% of all cars sold.
Registrations of diesel cars totalled 1,574,333 units in the first quarter of the year, 17% less than during the same period in 2017. This drop in demand for diesel vehicles was largely offset by an increase in petrol sales. Demand for new petrol cars grew significantly by 14.6% from January to March 2018, with petrol sales totalling 2,303,129 units – roughly 300,000 more than last year.
So far in 2018, EU demand for alternatively-powered vehicles grew by 26.9%. Registrations of battery electric (34.3%) and plug-in hybrid electric cars (60.2%) accounted for the strongest growth. In total, 69,898 electrically-chargeable vehicles (ECV) were registered from January to March 2018 (+47.0%). At the same time, 139,556 hybrid electric vehicles (HEV) were sold in the EU, 25.7% more than in the first quarter of 2017. The market for NGV, LPG and E85 cars also started the year strongly, demand increased by 12.0%.
Compared to one year ago, Germany saw the strongest increase in APV sales (73.4%), followed by Spain (53.4%) and France (15.3%). Demand for alternatively-powered vehicles also continued to grow in the United Kingdom (9.8%) and Italy (9.0%), albeit at a more moderate rate.