20 D’IETEREN <strong>AUTO</strong>D’IETEREN ANNUAL REPORT 2010D’IETEREN <strong>AUTO</strong>:BREAKINGRECORDS2010 was a particularly favourable yearfor the Belgian car market in general and forD’Ieteren Auto in particular.
D’IETEREN <strong>AUTO</strong> 21D’IETEREN ANNUAL REPORT 2010The Volkswagen group:number 1 in EuropeCompared to the other Europeancountries, Belgium did pretty well.Within the European Union, 13.4million vehicles were registered in2010, a decline of 5.5%. However,this figure hides a significant disparitybetween countries, with somerecording spectacular growth, suchas Ireland (+54.7%) and Portugal(+38,8%), and others clearly declining,such as Greece (-35.8%), Bulgaria(-28.9%) and Germany (-23.4%).Within the European Union, theVolkswagen group makes accountfor 2.8 million registrations, givinga market share of 21.2% and placitthe automobile group in 1 st placeamongst manufacturers. The FrenchPSA (Peugeot and Citroën, 13.5%market share), and Renault (Renaultand Dacia, 10.4% market share),follow in second and third placerespectively.A buoyant BelgianmarketIn 2010, new car registrations werelargely supported by the federal incentivesoffered for the purchase ofenvironmentally-friendly cars. This financialincentive, in force since July2007, amounted to 3% of the purchaseprice in 2010 for vehicles emittingbetween 105 and 115g of CO 2/km,and even up to 15% for those emittingless than 105g of CO 2/km. It was alsopossible to combine these federal bonuseswith regional ones. Given theprobability of intensive reform or cancellingof this incentive in 2011, manypeople anticipated their decision topurchase a new car, which explains,to a large extent, the strength of theBelgian market in 2010. The professionalmarket also perked up in the2 nd half of the year, in the wake of theeconomic recovery.Both of these factors, combined withthe dynamism of car distributors, enabledthe Belgian market to achievea record of 547,347 new car registrationsin 2010, an increase of 14.9%over 2009 and 2.1% over the previousrecord set in 2008 (535,947 registrations),the last “car show” year to date.In this market, 31.3% of registered carsemitted 115g of CO 2/km or less, comparedwith 17.1% in 2009 and 8.2% in2008.New passenger car registrations in Europe2010 2009 % ChangeAustria 328,563 319,403 +2.9%Belgium 547,347 476,194 +14.9%Bulgaria 16,257 22,869 -28.9%Czech Republic 169,236 161,659 +4.7%Denmark 151,550 112,454 +34.8%Estonia 8,848 8,234 +7.5%Finland 111,968 90,575 +23.6%France 2,251,669 2,302,398 -2.2%Germany 2,916,260 3,807,175 -23.4%Greece 141,499 220,548 -35.8%Hungary 45,081 60,189 -25.1%Ireland * 88,373 57,118 +54.7%Italy 1,960,282 2,159,464 -9.2%Latvia 4,976 3,745 +32.9%Lithuania 7,970 7,003 +13.8%Luxembourg 49,726 47,265 +5.2%Netherlands 483,619 387,155 +24.9%Poland ** 333,539 320,261 +4.1%Portugal 223,491 161,013 +38.8%Romania 94,541 116,016 -18.5%Slovakia 64,033 74,717 -14.3%Slovenia 59,226 55,712 +6.3%Spain 982,015 952,772 +3.1%Sweden 289,684 213,408 +35.7%United Kingdom 2,030,846 1,994,999 +1.8%European Union (EU27) *** 13,360,599 14,132,346 -5.5%* ACEA estimates. Source: ACEA** Figures reported in Poland correspond to sales.*** Data for Malta and Cyprus not available.
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