Diesel share of new car sales in Western Europe lost a little momentum in August, influenced by a very strong BEV result in Germany that was spurred on by the removal of subsidies for company BEVs from 1 September 2023. This resulted in a pull-forward of BEV registrations to August (non-private sales account for 60% of total German BEV sales) and a commensurate dip in ICE car sales, including diesel. If it were not for that, GlobalData says it would have expected Germany diesel car share in August to be 4pp or 5pp stronger than they turned out.
Diesel share of West European car market drops to 15%
GlobalData says diesel share of new car sales in Western Europe dipped last month
September 18, 2023