EU new diesel passenger vehicles below 20pc of market

Market: Emissions, Fertilizers, Oil products
02/02/22

Registrations of new diesel-fuelled passenger vehicles in the EU fell to 19.6pc of the market in 2021. Gasoline fell to a 40pc market share, but fossil-fuelled vehicles still dominate even with rapid growth in alternatives.

Battery electric vehicles had a market share of 9.1pc, and hybrid vehicles 19.6pc, according to manufacturers' body Acea.

Large percentage drops in new diesel sales were recorded in major markets Spain (-27.4pc), Poland (-28.1pc), Italy (-28.6pc), Germany (-36pc) and France (-30.7pc). The steepest falls were in Cyprus (-46.4pc), Denmark (-46.5pc) and the Netherlands (-46.6pc). Acea recorded the largest fall in new diesel passenger vehicle registrations, of -48.1pc, in non-EU UK.

New plug-in hybrid electric vehicles registrations increased by 70.7pc in 2021 to 867,092, and battery electric vehicles recorded growth of 63.1pc to 878,432. LPG-fuelled cars increased by 5.7pc to 59,959, and new natural gas vehicles (NGV) fell significantly in the last three months of 2021 (-45.9pc), due to falling sales in Italy (-40.6pc).

With an average age of EU cars at 11.8 years, changes in fuel types will take time to work through into vehicles in use. Last month, Acea said there were 246.3mn cars in the EU in 2020, up by 1.2pc from 2019. Of these, gasoline (51.7pc) and diesel (42.8pc) dominate, far ahead of LPG vehicles (2.5pc), BEV (0.5pc), plugin hybrid (0.6pc) and hybrid electric (0.5pc).

The highest growth in the total number of passenger cars on the road in 2020, compared with 2019, was seen in Romania (+5.4pc) and Slovakia (+5.1pc). France was alone in the EU with its passenger car fleet shrinking slightly by -0.3pc. Acea records great differences in car ages, with those in Luxembourg averaging less than seven years while those in Lithuania and Romania average almost 17 years. The average age of cars is over 16 years in Estonia, Greece, Lithuania and Romania. Major markets have slightly newer cars, notably in France (10.3), Germany (9.8), Italy (11.8), Spain (13.1) and Poland (14.3).

By Dafydd ab Iago

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24/12/24

Viewpoint: US Gulf high-octane component prices to rise

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24/12/24

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24/12/24

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Trump-Panama tiff highlights rising transit cost

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24/12/24

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Furthermore, vessel operators that cancel within two days of their transit will be charged a fee at 2.5 times the transit reservation fee, described by the ACP as a surcharge to the existing cancellation fee, which ranges up to 100pc of the transit reservation fee depending on how close to the transit date that an operator cancels. This means that a Super vessel that cancels within two days of its transit date will receive the 2.5 times surcharge on top of the 100pc transit reservation cancellation fee and pay a total of $175,000. A Neopanamax vessel will pay a total of $350,000. "Vessels of war" should also vie for slots: ACP Trump also suggested that the ACP was charging the US Navy, alongside US corporations, "exorbitant prices and rates of passage" and that these fees were "unfair and injudicious". In March 2024, the ACP published an update on transit slot assignments for vessels of war, auxiliary vessels and other "government-owned" vessels encouraging their operators to participate in the transit system rather than waiting for the ACP to assign them a slot. "Vessels of war, auxiliary vessels, and other government-owned vessels are encouraged to obtain a booking slot through the available booking mechanisms in order to have their transit date guaranteed and minimize the possibility of delays," the ACP said. The ACP points out that these vessels of war are entitled to "expeditious transits" based on the Treaty Concerning Permanent Neutrality and Operation of the Canal and are technically not required to obtain a reservation to be considered for transit. Panama president Jose Raul Mulino on Sunday rejected Trump's threat to retake the canal , which has been under full control of the Central American country since 1999. The canal's rates are established in a public and transparent manner, taking into account market conditions, Mulino said. "Every square meter of the Panama Canal and its adjacent area is Panama's and will continue to be," Mulino said. "The sovereignty and independence of our country are non-negotiable." By Ross Griffith Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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