New car registrations in Europe climbed 5.2% year-on-year in November 2017 to 1,250,281 units, according to JATO Dynamics. France, Spain and Germany, along with mid-sized markets including the Netherlands and Austria, experienced the biggest increases in volume for the month, off-setting a decline in the UK market where registrations were down 11.2%.
Despite a turbulent 2017 for the industry as a whole, which has faced threats from the diesel crisis, new emissions targets and Brexit, results for the first eleven months of the year show an overall increase in registrations of 3.8%, with 14.43 million units registered over the period.
Growth was driven by the ever-increasing demand for SUVs and registrations in the segment grew by 21.6% to almost 400,000 units. SUVs now make up 31.9% of the market, an increase of 4.3 percentage points from a market share of 27.6% during the same period last year.
The SUV segment was bolstered by increased demand for small (B-SUV), compact (C-SUV) and midsize (D-SUV) SUVs, which increased volumes by 25.5%, 16.6% and 41% respectively.
Latvia and Estonia held their positions as the European markets where SUVs are most popular, with market shares of 44.1% and 39.5% respectively. Significant market share increases for SUVs in Denmark, Poland and Norway contributed to the segment’s increased volume for November.
Despite its dominant position in the segment, with a share of 19.8% of the SUV market, Renault-Nissan was unable to take advantage of this increased demand, with registrations of its SUV vehicles only increasing by 2.4% for November. In contrast, PSA, due to the strong performance of its new Peugeot, Opel/Vauxhall and Citroen SUVs, saw its SUV registrations grow by 70.2% in November—meaning it outsold VW Group in the segment.