Tesla, Ford Lose Market Share In EU Even As Overall Car Registrations Rise: Toyota And Other Japanese Players Gain
Portfolio Pulse from Anan Ashraf
Tesla and Ford saw a decline in new vehicle registrations in the EU in the first half of the year, while overall car registrations in the region increased. Japanese automakers Toyota and Nissan, along with European and Chinese competitors, experienced significant growth.
July 18, 2024 | 9:57 am
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NEGATIVE IMPACT
Ford's new vehicle registrations in the EU fell by 14.8% year-on-year in the first half of the year, indicating a significant loss in market share.
Ford's significant drop in vehicle registrations in the EU points to a loss of market share, which could negatively affect its short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tesla's new vehicle registrations in the EU dropped by 9.1% in the first half of the year, despite an overall increase in car registrations in the region.
The decline in Tesla's vehicle registrations in the EU, despite an overall increase in the market, suggests a loss of market share which could negatively impact short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Toyota's new vehicle registrations in the EU surged by 20.7% in the first half of the year, reflecting strong market performance.
Toyota's significant increase in vehicle registrations in the EU indicates strong market performance, which could positively impact its short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100