Registrations were down 7% in September and also down 6% YTD. It's a market that VW has led for so long but BMW is pressing for change. It's obviously an affluent place with so many premium marques figuring prominently although Mercedes-Benz and Audi aren't having a great year so far. The Hyundai and Kia siblings are both up but the Stellantis trio Peugeot, Opel and Citroën are not.
Smaller markets are more volatile so things can change rather quickly. A trend I've noticed in 2024 for Europe is SEAT improving but its spinoff brand Cupra not so.Data source: Statistiques Luxembourg.
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