Fleet News

Mini-MPV market still expanding in Europe

SALES of mini-MPVs are continuing to show significant increases across Europe, new research has found.

The sector, whose sales were up 4.6% last year and 38.8% in December, recorded another massive year-on-year increase in January of 31.6%, information provider JATO Dynamics says.

A spokesman said: 'The indications are that the recent introductions of new entrants the VW Touran and Ford C-Max, plus a new-generation Renault Scenic, are expanding the segment's share of the market and eroding the lower-medium segment in a sustained way.'

The company found that the lower-medium category's decline of 9.5% in 2003 continued in January, with a fall of 8.9% over the same month last year, despite the recent introduction of a new-generation Golf.

The upper-medium segment, it adds, is mirroring this sustained downward trend, with 2003's 10.3% decline followed by one of 8.23% in January.

It found that top seller for the month was the VW Golf, ahead of Peugeot's 206 and 307. VW was also the leading brand, ahead of Renault, Ford, Opel/Vauxhall and Peugeot.

A spokesman said: 'Most segments that show significant decline or growth have continued the trends established during 2003. Where this was not the case it is likely to prove to be an anomaly owing to a new significant model introduction temporarily increasing volumes, or simply the unpredictability of a start-of-the-year market in a still-uncertain economy.'

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee