Diesel B2C used car market sales up but market share still declining
For the first five months of 2019 online B2C used car sales rose 5.7% to 5,358,094. The shifting market dynamic saw used diesel sales up just one per cent to 2,637,026 compared to used petrol car sales which rose 10.7% to 2,721,068 units according to INDICATA.
In volume terms, only Germany and Spain saw total used diesel sales falling for the first five months of this year. Germany saw used diesel sales drop by 2.3% to 824,964 whilst Spain saw a 16.1% decline in used diesel car sales. This means used online B2C diesel cars now account for just 39.3% of the German used car market so far in 2019, compared to 41.6% for the period ended May 2018. In contrast used diesel car sales still accounted for 68.5% of the Spanish used car market although that is down from the 71.8% for the first five months of last year.
France has seen a similar decline to Spain, with used diesel car sales accounting for 64.1% of the total 962,554 online B2C used car sales for the first five months of this year compared to a 66.1% share of the 889,118 online B2C used car sales for the same period last year.
Diesel car sales represent less than half of the UK online B2C used car market
According to INDICATA’s data, used diesel car sales have represented less than half of the UK online B2C used car market for almost two years now. However, they are still losing marketshare, dropping to 45.7% of the market for the first five months of this year’s 1.6 million used cars sold versus 48.7% of the 1.5 million online B2C used cars sold to end of May 2018.
One country which seems to be defying the other major market’s trends is Italy. It saw 478,776 online B2C used cars sold this year (to end of May). That is a 5.3% increase in total used car sales but unlike the other major automotive countries in Europe the marketshare of used diesel cars in Italy rose by 0.3% to 68.2% compared to the same period last year. This apparent ‘love’ of diesel cars in Italy ties in with a report from the German Federal Statistical Office which reported a 20.5% increase in used diesel car exports from Germany in 2017 with Italy being the largest importer of those vehicles.
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