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Although it is not a trend that has changed the diesel car market’s underlying downward trajectory, April’s diesel car sales figures, led by a couple of major markets, suggest nevertheless that during the second half of this year the underlying rate of decline from diesel cars could be slowing
AID’s own monthly compiled numbers suggest that in some markets the use of heavy incentivising for the scrappage of older diesels since late last year has likely helped accelerate the switch from diesel to mainly petrol powered cars.
If true, the flipside of these trends is that the inevitable end of these financially tempting incentives will also ring in a potential slowing in the rate of diesel desertion.
Whatever view prevails, AID’s own April’s diesel car sales data already points to
moderating rates of decline from diesel cars in some of West Europe’s major car
markets.
It suggests that for diesel cars the
very worst of the severe bloodletting could well be over.
One of April’s clear positive features is that the steep underlying monthly falls that have dogged West Europe’s fast-ebbing diesel car market since late 2015 show first faint signs of moderating .
However, AID’s market observers, who on a monthly basis have now checked the pulse rate of Europe’s diesel car market since the diesel emissions scandal broke in September 2015, concede that it is still far too early to know yet whether April’s less severe loss of market share is a mere blip or the beginning of a trend.
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