Over twelve months in 2010, the EU* market for new passenger cars declined by 5.5%, with a total of 13,360,599 new units registered throughout the year.
VW Group: 2,831,000
PSA: 1,805,000
Renault/Nissan: 1,777,000
GM Group: 1,166,000
Ford: 1,082,000
Fiat/Chrysler: 1,057,000
BMW: 724,000
Daimler: 651,000
Hyundai/Kia: 604,000
Toyota: 567,000
That is 10 groups selling large volumes in Europe. It shows how diverse the European auto market is. I would say this market will consolidate over time. If you think about it, this is a lot of duplication of effort on the engineering front. And then there is rationalization of the factories.
VW Group: 2,831,000
PSA: 1,805,000
Renault/Nissan: 1,777,000
GM Group: 1,166,000
Ford: 1,082,000
Fiat/Chrysler: 1,057,000
BMW: 724,000
Daimler: 651,000
Hyundai/Kia: 604,000
Toyota: 567,000
That is 10 groups selling large volumes in Europe. It shows how diverse the European auto market is. I would say this market will consolidate over time. If you think about it, this is a lot of duplication of effort on the engineering front. And then there is rationalization of the factories.
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