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Dataforce European car market forecast 2023: A slow recovery from the low-point
Despite difficult economic circumstances, Dataforce expects the passenger car market to grow in 2023. As production continues to ramp up, manufacturers will gradually work off the order backlog. Then again Dataforce expect little progress on electrification. A shaky economic environment For the past three years, the European passenger car market has been in a slump, with almost 30% fewer new cars registered in 2022 than the average for 2016-2019. At the same time, the economic conditions for 2023 are anything but supportive. Higher energy prices and the cost of living have dampened consumer sentiment, focussing the consumers’ interest on more immediate financial challenges than buying a car. Even companies, which…
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Dataforce Balance 2022: Thanks to a strong final spurt and pull-forward effects, the German passenger car market finished positive after all
With 2.65 million passenger car registrations, the year 2022 closes with a slight increase of about 29,000 passenger car registrations or + 1.1 percent compared to the previous year. Encouraging, but still almost 956,000 units short compared to the pre-crisis year 2019. The relevant fleet market continues to grow in importance with a market share now at 33 percent. 36 percent of all newly registered passenger cars in the private or fleet market were either an electric or plug-in hybrid. In the overall market, the rate was 31 percent. Dataforce Balance Sheet 2022 – A difficult year with a halfway conciliatory end As the overall passenger car market was always…
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Dataforce analysis on CO2 development and electrification in Europe
The EU, but also Switzerland and the United Kingdom, require car manufacturers to meet strict CO2 targets. Under the keyword Road-2-Zero, Dataforce analyses and forecasts the CO2 reduction and electrification of the car market. Some highlights from the latest analysis can be found in this article. WLTP CO2 emissions of new passenger cars fall to 113 g/km In terms of CO2 emissions, the automotive industry as a whole is doing well – despite ambitious EU targets. Across all countries, the average emissions of newly registered passenger cars as of January-September 2022 are only 113 g/km. That is 6 g/km less than in the same period in 2021. The EU target…
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Dataforce CEO Marc A. Odinius is inducted into the Fleet Europe Hall of Fame
At the Fleet Europe Awards ceremony in Dublin, the CEO and owner of Dataforce Marc A. Odinius received the prestigious award for his commitment and contribution to the development of the international fleet and mobility industry. The awards recognize industry members and managers based on their contributions in the sector. Fleet Europe recognizes key players in the mobility industry The 17th issue of the Fleet Europe Summit – the leading international conference for all fleet and mobility executives – took place in Dublin from 16 to 17 November. On the second evening of the congress, the Fleet Europe Awards were presented within a ceremony. The awards acknowledge individuals who are…
