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PEUGEOT SALES VOLUMES INCREASE BY OVER 32% YEAR-ON-YEAR, ACCORDING TO LATEST UK SALES DATA

PEUGEOT has elevated its automobile and van gross sales volumes by 32% year-on-year, with market share additionally rising by +0.8% to an general 4.4%, based on the most recent new car registration figures revealed in the present day by the Society of Motor Manufacturers and Traders (SMMT).

Strong gross sales efficiency in March contributed to a profitable first quarter for PEUGEOT, with 15,852 autos offered for the month, leading to its mixed automobile and van market share climbing by +0.7% to an general 4.3%, when in comparison with 2023. This improve sees PEUGEOT ranked as one of many prime three UK manufacturers for market progress. The model’s share of the electrical car market additionally elevated considerably from 3.9% to 4.9%, whereas its year-to-date EV market share has risen to 4.4%.

 

New E-208 is the UK’s best-selling small electrical automobile

PEUGEOT has grown its share of the passenger automobile market in March by +0.7% to an general 3.8%, whereas year-to-date it has recorded an excellent bigger rise of +0.9% to a complete of three.9%. This represents 21,271 registrations thus far this yr, up 42% from the identical level in 2023. The new PEUGEOT E-208 additionally tops its phase because the UK’s best-selling small electrical automobile.

PEUGEOT leads the electrical van market

PEUGEOT is the UK’s best-selling electrical van (e-LCV) producer each for March and year-to-date, with the brand new E-EXPERT a key contributor because the UK’s hottest electrical van. In March, the model’s share of the electrical van market greater than doubled from 11.7% to 26.6%. So far in 2024, one in 5 new electrical vans registered within the UK has been a PEUGEOT (20.2%).

In the general van market, PEUGEOT’s market share in March elevated by greater than half a share level to 7.3%, whereas its year-to-date market share additionally elevated to six.9%. PEUGEOT has offered 6,661 vans thus far in 2024, representing a year-on-year improve of 9.3%.

From 2025, restricted manufacturing of the brand new E-EXPERT can be manufactured at Luton, alongside continued manufacturing of the combustion van. The new PEUGEOT E-PARTNER is manufactured at Ellesmere Port, the UK’s first EV-only quantity manufacturing plant. PEUGEOT, alongside its sister Stellantis manufacturers, is the one model to fabricate quantity gentle business autos within the UK.

Adam Wood, Managing Director, PEUGEOT UK, mentioned: “We’ve achieved a great result at the end of the first quarter of 2024, along with the E-208 continuing to top the small electric car market and our new electric van range leading the UK’s e-LCV market. With our share of the overall EV market also increasing, this demonstrates the strength and depth of our electric line-up, which already offers customers the widest choice of any mainstream European brand.”

 

Take A Look At The Top 10 Best-selling Cars Of February 2024

Two fashions on the listing registered year-on-year (YoY) development of greater than one hundred pc

Top 10 best-selling cars of February 2024

In February 2024, the highest 10 best-selling automobiles listing was as soon as once more dominated by Maruti fashions. It noticed the Maruti Wagon R take again the crown because the best-selling automobile in India whereas the Tata Nexon slipped down the desk even additional. Many automobiles registered a constructive YoY development, with it bettering by over one hundred pc for 2 automobiles.

Here’s an in depth have a look at how every mannequin carried out in February 2024 gross sales:

Model

February 2024

February 2023

January 2024

Maruti Wagon R

19,412

16,889

17,756

Tata Punch

18,438

11,169

17,978

Maruti Baleno

17,517

18,592

19,630

Maruti Dzire

15,837

16,798

16,773

Maruti Brezza

15,765

15,787

15,303

Maruti Ertiga

15,519

6,472

14,632

Hyundai Creta

15,276

10,421

13,212

Mahindra Scorpio

15,051

6,950

14,293

Tata Nexon

14,395

13,914

17,182

Maruti Fronx

14,168

13,643

Key Takeaways

Maruti Wagon R

  • The Maruti Wagon R, with over near 19,500 items offered, was the best-selling automobile in February 2024 gross sales. Its year-on-year (YoY) determine went up by 15 %.

  • With almost 18,500 items dispatched, the Tata Punch took the second spot on the listing. Its month-on-month (MoM) gross sales elevated by virtually 500 items. These figures additionally embody the gross sales information of the brand new Punch EV.

Maruti Baleno

  • With over 17,500 items offered, the Maruti Baleno was behind Tata’s micro SUV by simply 1,000-odd items. That stated, each its YoY and MoM figures dipped in February gross sales.

  • Both the Tata Nexon and Maruti Fronx registered complete gross sales between 14,000 and 14,500 items. While the Tata SUV’s YoY determine climbed by 3 %, its MoM gross sales dropped by virtually 3,000 items. The Nexon’s numbers additionally embody the gross sales figures of the Nexon EV.

Also Read: Maruti Suzuki, Tata, And Hyundai Were The Best-selling Car Brands In February 2024

Read More on : Wagon R on road price

These Were The Top 10 Best-selling Cars In January 2024

Out of the ten automobiles on the listing, three fashions registered a year-on-year (YoY) progress of fifty % or extra in January 2024 gross sales

Top 10 best-selling cars in January 2024

The first month of 2024 is over and it witnessed a surge of month-on-month (MoM) demand within the Indian automotive trade following the drop in gross sales on the finish of 2023. Almost all automobiles on this listing additionally noticed a optimistic year-on-year (YoY) progress in demand. Here’s an in depth take a look at how every mannequin fared in January 2024 gross sales:

Model

January 2024

January 2023

December 2023

Maruti Baleno

19,630

16,357

10,669

Tata Punch

17,978

12,006

13,787

Maruti Wagon R

17,756

20,466

8,578

Tata Nexon

17,182

15,567

15,284

Maruti Dzire

16,773

11,317

14,012

Maruti Swift

15,370

16,440

11,843

Maruti Brezza

15,303

14,359

12,844

Maruti Ertiga

14,632

9,750

12,975

Mahindra Scorpio

14,293

8,715

11,355

Maruti Fronx

13,643

9,692

Also Check Out: 10 Best Selling Car Brands Of January 2024: Hyundai Beats Tata To Regain 2nd Place

Key Takeaways

Maruti Baleno

  • The Maruti Baleno, with almost 20,000 items offered, took the highest spot in January 2024’s gross sales listing. Its year-on-year (YoY) determine went up by 20 % whereas the MoM leap almost noticed its demand double.

Tata Punch EV

  • The subsequent three top-sellers for January 2024 had been the Tata Punch, Maruti Wagon R, and Tata Nexon whose gross sales ranged between 17,000 and 18,000 items. Of the trio, the Punch witnessed the most important YoY progress of fifty %. Do word that numbers of the Punch and Nexon additionally embody gross sales of the Punch EV and Nexon EV respectively.

  • Close on the heels of the Nexon was the Maruti Dzire (the one sedan on the listing) with complete gross sales of virtually 16,800 items. Its month-on-month (MoM) gross sales shot up by 2,000-odd items.

Maruti Brezza

  • With gross sales numbers ranging between 15,000 and 16,000 items, the Maruti Swift and Maruti Brezza occupied the following two spots on the January 2024 listing. While the hatchback witnessed a YoY drop of seven %, the Brezza’s YoY quantity grew by seven %.

  • The YoY gross sales numbers of each the Maruti Ertiga and Mahindra Scorpio (consists of each Classic and Scorpio N) elevated by greater than 50 %.

  • With over 13,600 items dispatched, the Maruti Fronx made its onto this listing. Its MoM quantity jumped up by almost 4,000 items.

Read More on : Baleno AMT

PEUGEOT CAR SALES INCREASE BY 63% IN JANUARY ACCORDING TO LATEST SMMT FIGURES

PEUGEOT automobile gross sales have elevated by 63% year-on-year in January, in accordance with the newest new car registration figures printed at present by the Society of Motor Manufacturers and Traders (SMMT).

 

With a market share of 4.5% throughout automobiles and vans, up 1.1% factors 12 months on 12 months, PEUGEOT bought a complete of seven,584 automobiles in January, reaching important development of 44% year-on-year in a market that was up by 8%. In the automobile market, PEUGEOT bought 6,033 automobiles, up from 3,692 in January 2023 – a rise of 63%.  

PEUGEOT’s share of the electrical car market carefully matched its total market share at 4.5%. PEUGEOT already presents the broadest electrical vary of any mainstream European model, with prospects additionally benefitting from as much as £4,000 help and 0% APR with no minimal deposit by means of the PEUGEOT Switch Grant.

 

Strong development within the B-segment: 208 gross sales up by 32%

PEUGEOT additionally continued to develop within the extremely aggressive B-segment. The 208 has risen to 3rd place within the section, with 10.6% section market share and nearly a 3rd (31.7%) extra items bought, 12 months on 12 months, in a section that was down 19.5%.

The absolutely electrical E-208 additionally topped the electrical supermini section.

 

Strong development within the D-segment: 408 gross sales up by 112%

The 408 has had a blistering begin to the 12 months, with 112% development year-on-year. 408 is now second within the generalist D section, with 18.5% market share.

Adam Wood, Managing Director, PEUGEOT UK, stated: “These results are an encouraging start to the year – we have made significant gains, particularly in the B and D-segments where 208 and 408 respectively are proving extremely popular with customers. Our new, industry-leading electric Switch Grant programme has also seen a very encouraging start to the year, with the E-208 leading the electric B-segment. This is clear evidence that our strategy is working, and to build on this start, we will soon be launching the exciting New e-3008.”

PEUGEOT was additionally the third best-selling model within the electrical van market in January. PEUGEOT and sister manufacturers Vauxhall, Citroën and Fiat are at present the one mainstream automotive manufacturers to supply vans in Britain. In 2023, Ellesmere Port turned the UK’s first EV-only quantity manufacturing plant the place it produces the Stellantis small electrical van vary, together with the PEUGEOT E-Partner.

 

Slow August Marks the End of UK Car Production Growth

In August, car production in the UK experienced a decline, putting an end to six months of consecutive year-on-year growth. The decrease in production is attributed to the annual summer shutdowns and planned factory upgrades.

Last month, a total of 45,052 cars were produced, which is 31,399 fewer than July. August is traditionally known as the quietest month for car production.

Compared to the same period last year, there were 4,849 fewer cars produced, indicating a 9.7% decrease, according to data from the Society of Motor Manufacturers and Traders (SMMT).

During the summer, Stellantis’s Ellesmere Port facility was among the factories preparing for the production of next-generation vehicles. It recently reopened after undergoing a £100 million renovation to facilitate the manufacturing of electric vans for brands such as Citroën, Fiat, Opel, Peugeot, and Vauxhall.

However, there was some positive news in August. The production of electrified vehicles, which includes electric cars and various types of hybrids, continued to grow for the 14th consecutive month, with a 2.8% year-on-year increase. These vehicles accounted for 36% of all cars produced in August.

The largest decline in production was seen in cars destined for the domestic market, which decreased by 25.2% compared to the previous year, amounting to 8,010 cars. Additionally, export numbers, which made up 82.2% of total output for the month, also dropped by 5.5% to 37,042.

Before August, the UK car industry enjoyed six months of year-on-year growth, producing 69,707 cars in February, 81,605 in March, 66,527 in April, 76,046 in May, 84,767 in June, and 76,451 in July.

Overall, the UK has produced a total of 571,671 cars in 2023, indicating an 11.8% increase compared to the same period last year. This growth is largely attributed to a successful first half of the year, during which 450,168 cars were produced.

SMMT Chief Executive Mike Hawes reassured that the decline in August is not a cause for concern. He explained that car manufacturers utilize the summer holiday season to upgrade their plants in order to meet the demand for the next generation of electric vehicles. He also highlighted that a record number of these models are already being produced.