Opel Increases Market Share in Europe
Rüsselsheim. The upward trend at Opel continues: In the months January to August, the brand with the Blitz has slightly increased the market share in the important European market (passenger car and LCV registrations; E30) to 5.42 percent. The Rüsselsheim-based company also recorded a growing market share in the single month of August.
“We have improved our market share in Europe in an increasingly demanding environment while at the same time consistently focusing on profitable sales channels and growth segments. That is a good result, and we can confidently look ahead to the rest of the year,” said Xavier Duchemin, Managing Director Sales, Aftersales and Marketing. “Opel/Vauxhall delivered around 700,000 vehicles worldwide as per end of August. Our attractive and efficient models and a strong presence in the important SUV segment are the basis for this success.”
In the course of the year, Opel achieved improvements in several countries: On the German market, Opel increased new passenger car registrations by 3,200 units (+2.1%), which correspondents to a slightly increased market share (now 6.3%). Opel/Vauxhall also improved its market share (Passenger cars and light commercial vehicles) in the other big European automotive markets France, United Kingdom, Italy and Spain.
The company expects further impetus from the comprehensive model offensive, which will be driven forward consistently. By the end of 2020, Opel will be launching eight new models and pushing the pace of the electrification of its product portfolio.