Fleet News

Slump in Polish sales holds down Euro rise

NEW car sales in central and eastern Europe fell slightly over the past year, but underlying growth is apparent for the third quarter of 2005. The market was down 0.8% compared to the same time in 2004, but third-quarter (Q3) sales this year rose 6%.

The lower-medium and SUV segments continue to grow strongly, according to new analysis from JATO Dyamics.

A slump in new car sales in the region’s largest market, Poland, acted as a brake on total regional sales. Polish sales in Q3 fell by 12.9%, down 27.9% year-to-date (YTD).

Romania’s spectacular growth in new car sales slowed slightly in Q3, although sales were still 38.9% higher than in Q3 of 2004. YTD sales rose by 60% compared with 2004, making it the second largest market in the region.

Registrations in Hungary rose by 6% in Q3, although YTD registrations were down by 4%. Hungary remains the third largest market in the region. Skoda remains the leading brand in the region and the Fabia is the best-selling model.

Sales of utility and city cars fell 27.6% in Q3 and 37% YTD. Small car sales rose by 2.9% for Q3 but the segment share of the market YTD fell from 41% to 37.5%.

Lower-medium car sales rose by 13.9% in Q3, putting the segment 20.5% ahead of 2004 YTD. Premium lower-medium sales rose 16.4% during Q3, while upper-medium sales rose 14.2% during the same period. Sales of premium upper-medium models fell by 7% in Q3 and the segment was down 10.6% for the first nine months of the year. Executive segment sales rose by 10.9% in Q3, and luxury sales rose 15%.

The mini-MPV segment achieved a 6.9% rise in Q3 but YTD volumes are down 3.9%. Full-size MPV sales rose 3.64% in Q3, although the YTD total lagged 2.9% behind the same period in 2004.

The largest increase in sales was again in the Sports Utility Vehicle (SUV) segment, which grew by 45.7% in Q3 and 39.8% in the first nine months of the year.

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