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Skoda and Logan leading the brands and models respectively 
New car sales growth in Central & Eastern Europe
14.9% in Q3 and 14.0% in the first nine months

Dacia Logan

Dacia Logan, top-selling new car in the third quarter.

APN, PR,
9 November 2007.

The Central and Eastern European car markets for new cars has grown by 14.9% (325,062 units) in the third quarter of 2007 compared to the same period last year. In year-to-date figures, the market has increased by 14.0% to 981,052 units.

That's what JATO Dynamics, the world’s leading provider of automotive data and intelligence, reported Wednesday when Nasir Shah, Global Business Development Director at the company said: “Few global car markets are expanding at the rate currently experienced in Central and Eastern Europe.”

Skoda Fabia, second best selling car in Q3.

Brands - VW-owned Skoda brand continues to be the region’s favoured car brand (see opposite table for brands), ahead of GM's Opel (up 31.0%), followed by the Volkswagen brand (up 22.3%), Dacia (Renault group) and Ford (up 34.7%) in the third quarter. For the YtD, the Top 5 brands were Skoda (up 0.6%), Dacia, Opel (up 19.0%), Volkswagen (up 18.7%) and Renault (up 3.8%).

Given the strong market performance both in quarter three and YtD, most of the volume brands have recorded similar performance rises in their sales figures, particularly Kia (up 79.3% Q3, 81.4% YtD), Suzuki (up 51.1% Q3, 24.9% YtD), Honda (up 45.4% Q3, 45.3% YtD), Toyota (up 21.0% Q3, 24.5% YtD), Hyundai (up 30.5% Q3, 22.5% YtD), BMW (up 49.5% Q3, 38.9% YtD) and Mercedes-Benz (up 36.4% Q3, 32.4% YtD).

Central and Eastern European Car Sales

Top 10
Brands

Q3
2007

Q3
2006

  Change Q3, %

Sep YtD-07

Sep YtD-06

Change YtD, %

SKODA

37785

41328

-8.60%

121867

121188

0.60%

OPEL

26064

19897

31.00%

75948

63839

19.00%

VOLKSWAGEN

24192

19781

22.30%

71659

60362

18.70%

DACIA

24171

24957

-3.10%

76925

81083

-5.10%

FORD

22650

16819

34.70%

62417

51885

20.30%

RENAULT

22311

21002

6.20%

69807

67283

3.80%

TOYOTA

21432

17719

21.00%

66590

53486

24.50%

PEUGEOT

17320

14771

17.30%

53356

44479

20.00%

SUZUKI

14618

9675

51.10%

40391

32332

24.90%

FIAT

14217

12451

14.20%

42644

37225

14.60%

Source: JATO Dynamics.

Central and Eastern European Car Sales

Top 10
Models

Q3
2007

Q3
2006

  Change Q3, %

Sep
YtD-07

Sep
YtD-06

Change YtD, %

Dacia
Logan

24171

24957

-3.10%

76924

81082

-5.10%

Skoda
Fabia

17641

22896

-23.00%

58920

68520

-14.00%

Skoda Octavia

16015

15688

2.10%

49510

46764

5.90%

Opel
Astra

8492

6598

28.70%

24797

20323

22.00%

Ford
Focus

8116

6202

30.90%

23036

19185

20.10%

Renault Megane

7193

5663

27.00%

20608

17994

14.50%

Renault
Clio

6983

7238

-3.50%

21606

24377

-11.40%

Opel
Astra Classic

6872

5418

26.80%

18450

17552

5.10%

Suzuki
Swift

6488

4364

48.70%

17449

14473

20.60%

Toyota
Yaris

6039

5736

5.30%

20362

16800

21.20%

Source: JATO Dynamics.

 

Central and Eastern European Car Sales

Regional
Summary

Q3
2007

Q3
2006

  Change Q3, %

Sep YtD-07

Sep YtD-06

Change YtD, %

Croatia

20202

18362

10.00%

63717

60663

5.00%

Cyprus

5743

4638

23.80%

17845

14370

24.20%

Czech Rep.

39271

38104

3.10%

123679

116050

6.60%

Estonia

7426

6512

14.00%

24221

19110

26.70%

Hungary

44154

42552

3.80%

128958

137060

-5.90%

Latvia

7853

6334

24.00%

25173

17662

42.50%

Lithuania

5500

3558

54.60%

15343

10313

48.80%

Poland

67811

55522

22.10%

217412

175265

24.00%

Romania

82585

68522

20.50%

228877

185978

23.10%

Serbia & Montenegro

11813

10041

17.60%

34004

29778

14.20%

Slovakia

17652

15674

12.60%

51634

48426

6.60%

Slovenia

15052

13206

14.00%

50189

46080

8.90%

Grand Total

325062

283025

14.90%

981052

860755

14.00%

Source: JATO Dynamics.

 

Models -During the period, the Dacia Logan was the top-selling new car in the region with 24,171 units sold, ahead of Skoda Fabia (17,641 units), Skoda Octavia (16,015 units, up 2.1%), Opel Astra (8,492 units, up 28.7%) and Ford Focus (8,116 units, up 30.9%). The YtD running order is the same.

New models that performed well in the market during the third quarter of the year include the Toyota Auris, Kia Cee’d, Peugeot 207, Fiat Bravo, Nissan Qashqai, Fiat Linea and Hyundai I30. Models showing significantly increased sales volume following a full-model update include the Opel Corsa, Honda CR-V and Mitsubishi Outlander.

Countries - During the third quarter of the year Romania has re-established itself as the largest market in the region, with third quarter sales of 82,585 units (up 20.5% on Q3 2006) and YtD sales of 228,877 units (up 23.1%).

Poland is now the second-largest market in the region with sales of 67,811 units (up 22.1%) in the third quarter and 217,412 units (up 24.0%) YtD.

The Hungarian market was the third largest in the region with 44,154 units sold in the third quarter (up 3.8%) and 128,958 units YtD. However, a slow performance in the first half of the year means the YtD total is down 5.9% on the 2006 figures.

The Baltic states of Latvia, Lithuania and Estonia have demonstrated remarkable growth in their new car markets since joining the EU, although there are now signs that the growth is beginning to slow in both Estonia (up 14.0% in Q3) and Latvia (up 24.0% in Q3). Lithuania is still recording outstanding growth, with third quarter sales up 54.6% and YtD sales up 48.8%.

Significantly, all other national markets in the region recorded growth for both the third quarter period and YtD compared to 2006.

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