Porsche ranks #8 in the Luxembourg brands ranking in March.

New car sales in Luxembourg endure a -12.6% year-on-year drop in March to 4,585 units, meaning the Q1 volume is down -4.9% to 12,500. Volkswagen (+12.1%) defies the negative market to cement its leadership in the brands chars with 12.7% share for the month and 12.9% year-to-date. BMW (-3%) follows at 10.6% and 11.1% YTD, with Mercedes (-25.9%) and Audi (-33.3%) in tow and replicating the YTD Top 4. Tesla (+17.2%) bounces up five spots on February to #5, distancing Skoda (+5.8%). Hyundai (+38.2%) delivers the largest year-on-year gain in the Top 10 while Porsche (+36.9%) is up seven ranks on last month to land at a fantastic 8th place, its first Top 10 finish since January 2023 (#10) and highest ranking since December 2021 (#8). Ford (+21.4%) also impresses at #10.

Previous month: Luxembourg February 2024: Skoda, MG, Dacia impress

One year ago: Luxembourg March 2023: Skoda stands out in market up 20.9%

Full March 2024 Top 50 All brands ranking below.

Luxembourg March 2024 – brands:

PosBrandMar-24%/23Feb2024%/23PosFY231Volkswagen58312.7%+ 12.1%11,61312.9%+ 3.7%112BMW  48710.6%– 3.0%21,39311.1%+ 8.7%223Mercedes3186.9%– 25.9%39927.9%– 16.6%334Audi  2906.3%– 33.3%48526.8%– 11.8%445Tesla2736.0%+ 17.2%105224.2%+ 23.4%786Skoda2725.9%+ 5.8%57936.3%+ 15.8%557Renault2194.8%– 25.8%66074.9%– 11.0%678Porsche1934.2%+ 36.9%153943.2%+ 13.9%11149Hyundai1703.7%+ 38.2%74543.6%+ 46.5%81210Ford  1533.3%+ 21.4%163392.7%– 5.6%121811Volvo1373.0%– 22.2%94033.2%+ 12.3%101112Toyota1302.8%+ 23.8%143212.6%+ 21.1%131713Dacia1142.5%+ 7.5%122992.4%+ 22.5%161614Peugeot  1132.5%– 57.5%84163.3%– 46.3%9615Citroen1112.4%– 27.9%232171.7%– 27.4%191916Kia1072.3%– 26.7%133162.5%– 12.9%14917Fiat1072.3%– 46.8%222251.8%– 53.1%171318Seat1032.2%+ 33.8%182111.7%– 1.9%202219Cupra922.0%+ 16.5%211981.6%– 23.0%222020MG731.6%+ 135.5%113112.5%+ 486.8%152421Nissan681.5%– 46.5%201871.5%– 23.0%232122Opel641.4%– 71.2%251601.3%– 71.6%241023Mazda571.2%+ 35.7%241581.3%+ 43.6%252624Mini551.2%– 50.5%172221.8%– 10.8%181525Land Rover481.0%– 44.8%192081.7%+ 20.2%212326Suzuki330.7%+ 43.5%261080.9%+ 71.4%262827Polestar230.5%+ 228.6%30490.4%+ 28.9%313028BYD210.5%n/a40260.2%+ 2500.0%365329Honda190.4%+ 11.8%27630.5%+ 12.5%273230Subaru180.4%– 18.2%29500.4%+ 8.7%293431Jaguar170.4%– 45.2%28550.4%– 6.8%283132DS160.3%– 38.5%35370.3%– 63.4%322733Ferrari120.3%+ 140.0%34290.2%+ 61.1%353734Jeep110.2%– 66.7%32370.3%– 54.9%332535Lexus110.2%+ 22.2%33350.3%– 12.5%343336Smart90.2%– 50.0%38170.1%– 58.5%373537Lamborghini50.1%– 58.3%37120.1%– 40.0%393638DFSK50.1%+ 400.0%4390.1%+ 200.0%414039Alpine50.1%+ 66.7%4570.1%+ 16.7%434340Alfa Romeo40.1%– 75.0%31490.4%+ 6.5%302941Maserati40.1%– 33.3%36150.1%– 11.8%383842Aston Martin30.1%+ 50.0%4490.1%– 10.0%404243Lotus20.0%+ 0.0%4190.1%+ 125.0%424144Mitsubishi20.0% n/a4740.0%n/a476145Frankia20.0%new –20.0%new50 –46Ford (USA)10.0%– 66.7%3970.1%+ 16.7%444447Bentley10.0%– 88.9% –60.0%– 57.1%454548Chery10.0%new5020.0%new49 –49Man10.0%n/a –10.0%+ 0.0%555750Cadillac00.0%– 100.0%4250.0%– 16.7%4646 –Others220.5%n/a –380.3%n/a – –

Source: Statistiques Luxembourg