September was one other important month for Europe’s automotive trade, as new automotive registrations fell by 25% to only 964,800 items.

Felipe Munoz, international analyst at JATO Dynamics, mentioned: “Sellers proceed to face points with the provision of recent vehicles as a result of chip scarcity. In consequence, unwilling to attend greater than a yr for a brand new automotive, many customers have turned to the used automotive market.”

12 months to this point, Europe’s 26 markets continued to outperform compared to 2020, nonetheless the hole narrowed. By the tip of the primary half of the yr, complete registrations have been 27% larger than in H1 2020. Outcomes to the tip of September present that this hole has narrowed to only 7%.

Munoz mentioned: “This yr, the trade has responded properly to the the pandemic, however it’s now going through new provide chain challenges. The rising recognition of EVs is encouraging however gross sales should not but robust sufficient to offset the large declines seen throughout different segments.”

EV surge continues

OEMs with a big providing of pure electrical and plug-in hybrid vehicles have been much less impacted by the present disaster, as European customers proceed to benefit from the assorted incentives and subsidies accessible for these autos.

In stark distinction, each the chip scarcity and the rising severity of the local weather disaster have precipitated diesel automobile gross sales to plummet. In September, low emission autos posted a month-to-month development of 44%, to 221,500 items, whereas diesel registrations decreased by 51%, to 167,000 items.

Earlier than the pandemic, there have been 10.3 new diesel vehicles registered for each electrical or plug-in hybrid automobile. In the present day, that ratio has decreased to only 1.3. Munoz added: “Shifts of this magnitude are uncommon, and numerous elements have contributed to the present state of play. Along with incentives, OEMs have enhanced their providing with extra fashions and higher offers, and lots of are shifting their restricted provide of semiconductors to the manufacturing of EVs, as an alternative of ICE autos.”

On account of the EV increase, the Tesla Mannequin 3 topped the European mannequin rankings in September, with 24,600 registered items, a 2.6% market share. That is each first time that an EV has led the market and the primary time {that a} automobile manufactured outdoors of Europe has occupied the highest spot.

The robust efficiency of the Mannequin 3 is partially defined by Tesla’s intensive finish of quarter gross sales push. September has traditionally been a robust month for the US producer’s registration leads to Europe, on common accounting for 68% of its third quarter deliveries since 2018. Final month, registrations accounted for 74% of third quarter quantity. Since its entry to the European market, the Mannequin Y has additionally carried out properly, securing second place within the BEV rating.

Because of the success of those two fashions, Tesla leads the BEV market with a share of 24%, forward of the Volkswagen Group with 22%, Stellantis with 13%, and Hyundai-Kia with virtually 11%. Tesla additionally registered extra new vehicles than established manufacturers together with Fiat, Nissan or Seat.

SUVs on monitor for 50% market share

Final month, 46.5% of the passenger vehicles registered in Europe have been SUVs – the very best ever month-to-month market share for the phase. Regardless of the present disaster confronted by OEMs, these autos proceed to achieve traction because of the arrival of EV and plug-in hybrid options, similar to Tesla’s Mannequin Y. Munoz mentioned: “If the development continues, the roads of Europe might quickly look just like the US, the place greater than half of the brand new vehicles offered are SUVs.”

This phase was led by the Volkswagen Group, Stellantis and Hyundai-Kia, and the large market share winners throughout the month have been the Korean automaker, Tesla and Volkswagen.

Different protagonists

As soon as once more, the Hyundai Tucson secured a spot within the high 10 with a rise in quantity of 40%. The BMW 3-Collection noticed a 24% enhance regardless of its direct competitors with the Mannequin 3. The brand new Opel/Vauxhall Mokka continued its climb up the rankings to twenty second place with 9,700 registered items. In twenty eighth place, the Tesla Mannequin Y outsold shopper favorites such because the Fiat Panda, Peugeot 3008 and Volkswagen ID.3.

The Kia Ceed, BMW 4-Collection, DS 7 Crossback, Mazda MX-30, Volkswagen Arteon, and Porsche Taycan additionally posted robust month-to-month development. Among the many new entries, the Renault Arkana registered virtually 7,000 items, changing into the third most registered Renault mannequin whereas the Citroen C4 and Skoda Enyaq grew to become the second best-selling fashions for his or her respective manufacturers.