Belgium August 2024: BMW breaks share record, Volvo up in sinking market (-20.3%)

BMW holds an all-time high 13.8% share in Belgium in August.

The Belgian new car market skids -20.3% year-on-year in August to 29,233 units, leading to a year-to-date tally off -3.3% to 324,892. The Top 4 brands are once again monopolised by German manufacturers. BMW (-0.4%) is stable and improves its share to 13.8% vs. 10.7% year-to-date, beating its share record as it eclipses its previous best of 13.6% reached last December. Volkswagen (-30.4%) freefalls but remains #2. Mercedes (-7.5%) overtakes Audi (-30.4%) to land on the third step of the podium. Peugeot (-5.7%) rounds out the Top 5 above Renault (-0.7%) and Toyota (-7.9%) also limiting their fall. Volvo (+8.9%) is the only carmaker in positive in the Top 20. BYD (+485%) continues to gear up at #23, ranking #1 Chinese brand as MG (-88.8%) implodes.

Previous month: Belgium July 2024: Peugeot (+35.5%), Mini (+82.4%) highlight stable market

One year ago: Belgium August 2023: Audi, Tesla impress in market up 27.3%

Full August 2024 Top 50 All brands ranking below.

Belgium August 2024 – brands:

PosBrandAug-24%/23Jul2024%/23PosFY231BMW4,03713.8%– 0.4%134,90410.7%+ 0.2%112Volkswagen2,97910.2%– 30.4%230,2119.3%– 5.0%223Mercedes2,4638.4%– 7.5%423,1967.1%– 2.8%444Audi2,1287.3%– 30.4%325,0687.7%+ 8.2%335Peugeot1,7035.8%– 5.7%514,5484.5%– 35.1%1056Renault1,6655.7%– 0.7%815,6134.8%– 15.4%867Toyota1,5255.2%– 7.9%717,8355.5%+ 5.0%678Volvo1,4655.0%+ 8.9%618,8475.8%+ 26.6%589Kia1,3014.4%– 25.1%1113,2614.1%+ 0.9%111010Tesla1,2474.3%– 17.1%1214,5964.5%+ 33.5%91311Dacia1,1543.9%– 7.3%916,9735.2%+ 11.6%7912Skoda1,1443.9%– 25.8%1012,3963.8%– 0.9%121113Ford 8112.8%– 43.4%158,4692.6%– 31.8%151214Opel5762.0%– 29.4%176,8242.1%– 38.8%161515Mini5701.9%– 13.5%133,6291.1%– 38.0%231816Mazda5551.9%– 4.1%255,3861.7%+ 14.7%181917Citroen5001.7%– 63.3%149,7743.0%– 13.2%131418Land Rover4261.5%– 27.6%184,5981.4%+ 5.6%192219Hyundai4251.4%– 43.6%169,4112.9%+ 24.2%141620Nissan2851.0%– 47.1%236,6222.0%– 4.5%171721Jeep2420.8%– 0.8%321,6020.5%– 17.0%272722Fiat2390.8%– 31.1%282,9170.9%– 31.4%252123BYD2340.8%+ 485.0%261,5110.5%+ 328.0%283624Porsche2320.8%– 5.3%212,9990.9%+ 6.0%242625Polestar2280.8%+ 0.4%291,4500.4%– 1.8%302826Seat2220.8%– 55.6%194,2131.3%– 13.6%202027Suzuki1870.6%– 44.2%224,0651.3%+ 30.7%212528Honda1850.6%+ 50.4%271,4890.5%+ 106.2%293129Cupra1380.5%– 57.9%242,3370.7%– 19.8%262430Lexus890.3%– 16.8%319610.3%+ 24.0%313431Smart480.2%+ 2300.0%345620.2%+ 1270.7%354232Alfa Romeo430.1%– 61.9%366990.2%– 43.9%343033DS420.1%– 79.5%338370.3%– 58.1%332934MG330.1%– 88.8%203,7641.2%+ 32.3%222335Lotus280.1%+ 100.0%382430.1%+ 395.9%383836SsangYong/KG Mobility270.1%– 72.2%358530.3%– 0.5%323337Xpeng260.1%new39730.0%new477538Subaru170.1%– 29.2%422260.1%– 17.5%393739Ferrari150.1%+ 87.5%411170.0%+ 19.4%414340Jaguar140.0%– 83.3%374130.1%– 42.2%363541Maserati140.0%+ 27.3%401030.0%– 11.2%424042Tripod110.0%+ 266.7%49990.0%+ 120.0%434743BAIC110.0%+ 266.7%50750.0%+ 59.6%464644Alpine100.0%+ 0.0%481310.0%+ 3.1%403945Aston Martin60.0%+ 200.0%51610.0%+ 52.5%494946Maxus50.0%+ 150.0%43840.0%+ 740.0%445347Lamborghini50.0%+ 66.7%46770.0%+ 48.1%454848DFSK40.0%– 50.0%44510.0%– 53.2%514149McLaren30.0%+ 50.0%55150.0%+ 50.0%595950Allied Vehicles20.0%– 80.0%56450.0%– 6.3%524551FAW20.0%n/a52270.0%+ 800.0%556552Rolls-Royce20.0%+ 100.0%53190.0%+ 111.1%565853SWM20.0%– 33.3% –80.0%+ 14.3%625654Morgan20.0%+ 0.0%6070.0%– 12.5%646155Forthing10.0%new45660.0%new485556Mitsubishi10.0%n/a –310.0%+ 675.0%545157Alpina10.0%+ 0.0%61170.0%+ 30.8%575458Lancia10.0%new54150.0%new58 –59Chery10.0%new –40.0%new686860Rimac10.0%new –10.0%new73 –

Source: FEBIAC

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