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Europe’s diesel car market appears to be in a seemingly uncontrollable tailspin. At half-time, West Europe’s fast-ebbing diesel car sales share slumped to 46.1 per cent. A new 14-year low point if statistically distorted 2009 (scrappage incentive) is ignored. This June, testament to the latest state of play, West Europe’s diesel car sales share dropped to 45.2 per cent, a steep 4.4 percentage point loss in the past twelve months alone
The diesel car sales losses now monitored each month by AID have reached 4.6 per cent during this year’s first half.
By contrast, that’s at a time when the region’s overall new car market continued to march into the exact opposite direction.
That’s a 3.7 per cent sales gain at this year’s halfway point, thus cutting the region’s fast-eroding diesel car sale share by yet another notch to 46.1 per cent from 50.1 per cent at the same stage last year.
As if Europe’s already hounded leading diesel carmakers did not have enough on their plate.
If AID’s latest tell-tale European diesel car sales numbers are any guide to the immediate future, the pain that first began to bite after the VW diesel emissions scandal broke in September 2015 looks
set to intensify further.
Judged from the very latest developments in Europe, today’s consumer exodus from tainted diesels is likely to get a great deal worse - thus transforming a mere headache into a throbbing migraine.
The underlying erosion of Europe’s diesel car sales share has markedly intensified as the current year progressed.
There’s lots to discuss at tomorrow’s (Wednesday) so called Diesel-Gipfel taking place in Berlin between German government officials and the main protagonists in the German passenger car market.
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