These were the cars that posted the strongest market share loses in March and Q1. Mazda for example didn’t sell a single unit of the Mazda CX3 (CX-30 effect?). The Dacia Duster lost a lot of traction after months of strong growth. Source: JATO
The current automotive downward trend is not simply due to the restrictions of free movement. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold…
European regs of SUVs fell 48% in March to 338k units while increasing mkt share to 40%. Volume only fell 5% for Volvo XC40, which became the top-selling premium SUV. In the Q1 results it is noticeable the presence of Hyundai Kona in the top 10. Source: JATO
Source: Car Industry Analysis
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