Summary
- The Western Europe PV selling rate decreased to 11.3 mn units/year in September, from well above 12 mn units/year the previous month. In year-on-year (YoY) terms, sales volumes were down 4.8% — September 2023 being a relatively strong base for comparison as improved supply supported the fulfilment of backlogged orders.
- Sales in Germany remained disappointing as consumer confidence struggles. In what is a seasonally strong month for the UK, the selling rate fell back from recent levels, though YoY growth was in positive territory.
- Year-to-date (YTD), the Western European market is now flat in comparison to last year (+0.3%). The big picture within the industry remains the same. Strong vehicle pricing, high interest rates, and a lack a of incentives, continue to restrict sales. Some improvement is expected moving in 2025 as monetary policy easing supports broad economic expansion.
Local Reconstruction Note
This article has been expanded from the visible local mirror text, headings, tags, image captions, tables, and related local article titles. It is presented as a reconstructed reading version, not as a hidden original document.
Commentary
The source outline identifies this section as part of “GlobalData European Passenger Car Sales Update (September 2024)”. Based on the available local metadata, this section should be read through the lens of Sales Forecast, Vehicles & OEMs, GlobalData, Europe, Statistics in Europe, Market Forecast and the visible introduction, figures, captions, and tables.
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