Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo
Workbench Logo

Global AFV sales rise

Registrations of alternatively fuelled cars and light vans rose 27.7% in 2017, according to new figures from JATO Dynamics.

Global market share for alternatively fuelled light vehicle registrations hit 4.4% in 2017; an increase of 0.9 percentage points when compared to 2016.

Global market share for alternatively fuelled light vehicle registrations hit 4.4% in 2017; an increase of 0.9 percentage points when compared to 2016.

The increase took alternatively fuelled vehicle (AFV) volumes to 3.79 million units, giving a market share of 4.4%, an increase of 0.9 percentage points when compared to 2016.

The data also showed that petrol cars and LCVs continued to dominate the market in 2017, with 72.5% market share, while diesel registrations declined by 3.7%, due to the fuel type’s strong dependence on the European region which accounted for two in three diesel cars sold in 2017, despite regulation on a national level aiming to reduce reliance on diesel vehicles. Outside of Europe, Thailand, New Zealand and South Korea all remain strong markets for diesels.

In total, 86.05 million cars and LCVs were registered globally last year, up 2.4% on 2016, driven by soaring demand in Europe, Asia-Pacific and Latin America while SUVs also contributed significantly to the automotive industry’s strong performance.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.