Luxembourg March 2024: Porsche (+36.9%) up to #8 in declining market

Porsche ranks #8 in the Luxembourg brands ranking in March.

New car sales in Luxembourg endure a -12.6% year-on-year drop in March to 4,585 units, meaning the Q1 volume is down -4.9% to 12,500. Volkswagen (+12.1%) defies the negative market to cement its leadership in the brands chars with 12.7% share for the month and 12.9% year-to-date. BMW (-3%) follows at 10.6% and 11.1% YTD, with Mercedes (-25.9%) and Audi (-33.3%) in tow and replicating the YTD Top 4. Tesla (+17.2%) bounces up five spots on February to #5, distancing Skoda (+5.8%). Hyundai (+38.2%) delivers the largest year-on-year gain in the Top 10 while Porsche (+36.9%) is up seven ranks on last month to land at a fantastic 8th place, its first Top 10 finish since January 2023 (#10) and highest ranking since December 2021 (#8). Ford (+21.4%) also impresses at #10.

Previous month: Luxembourg February 2024: Skoda, MG, Dacia impress

One year ago: Luxembourg March 2023: Skoda stands out in market up 20.9%

Full March 2024 Top 50 All brands ranking below.

Luxembourg March 2024 – brands:

Pos Brand Mar-24 % /23 Feb 2024 % /23 Pos FY23
1 Volkswagen 583 12.7% + 12.1% 1 1,613 12.9% + 3.7% 1 1
2 BMW   487 10.6% – 3.0% 2 1,393 11.1% + 8.7% 2 2
3 Mercedes 318 6.9% – 25.9% 3 992 7.9% – 16.6% 3 3
4 Audi   290 6.3% – 33.3% 4 852 6.8% – 11.8% 4 4
5 Tesla 273 6.0% + 17.2% 10 522 4.2% + 23.4% 7 8
6 Skoda 272 5.9% + 5.8% 5 793 6.3% + 15.8% 5 5
7 Renault 219 4.8% – 25.8% 6 607 4.9% – 11.0% 6 7
8 Porsche 193 4.2% + 36.9% 15 394 3.2% + 13.9% 11 14
9 Hyundai 170 3.7% + 38.2% 7 454 3.6% + 46.5% 8 12
10 Ford   153 3.3% + 21.4% 16 339 2.7% – 5.6% 12 18
11 Volvo 137 3.0% – 22.2% 9 403 3.2% + 12.3% 10 11
12 Toyota 130 2.8% + 23.8% 14 321 2.6% + 21.1% 13 17
13 Dacia 114 2.5% + 7.5% 12 299 2.4% + 22.5% 16 16
14 Peugeot   113 2.5% – 57.5% 8 416 3.3% – 46.3% 9 6
15 Citroen 111 2.4% – 27.9% 23 217 1.7% – 27.4% 19 19
16 Kia 107 2.3% – 26.7% 13 316 2.5% – 12.9% 14 9
17 Fiat 107 2.3% – 46.8% 22 225 1.8% – 53.1% 17 13
18 Seat 103 2.2% + 33.8% 18 211 1.7% – 1.9% 20 22
19 Cupra 92 2.0% + 16.5% 21 198 1.6% – 23.0% 22 20
20 MG 73 1.6% + 135.5% 11 311 2.5% + 486.8% 15 24
21 Nissan 68 1.5% – 46.5% 20 187 1.5% – 23.0% 23 21
22 Opel 64 1.4% – 71.2% 25 160 1.3% – 71.6% 24 10
23 Mazda 57 1.2% + 35.7% 24 158 1.3% + 43.6% 25 26
24 Mini 55 1.2% – 50.5% 17 222 1.8% – 10.8% 18 15
25 Land Rover 48 1.0% – 44.8% 19 208 1.7% + 20.2% 21 23
26 Suzuki 33 0.7% + 43.5% 26 108 0.9% + 71.4% 26 28
27 Polestar 23 0.5% + 228.6% 30 49 0.4% + 28.9% 31 30
28 BYD 21 0.5% n/a 40 26 0.2% + 2500.0% 36 53
29 Honda 19 0.4% + 11.8% 27 63 0.5% + 12.5% 27 32
30 Subaru 18 0.4% – 18.2% 29 50 0.4% + 8.7% 29 34
31 Jaguar 17 0.4% – 45.2% 28 55 0.4% – 6.8% 28 31
32 DS 16 0.3% – 38.5% 35 37 0.3% – 63.4% 32 27
33 Ferrari 12 0.3% + 140.0% 34 29 0.2% + 61.1% 35 37
34 Jeep 11 0.2% – 66.7% 32 37 0.3% – 54.9% 33 25
35 Lexus 11 0.2% + 22.2% 33 35 0.3% – 12.5% 34 33
36 Smart 9 0.2% – 50.0% 38 17 0.1% – 58.5% 37 35
37 Lamborghini 5 0.1% – 58.3% 37 12 0.1% – 40.0% 39 36
38 DFSK 5 0.1% + 400.0% 43 9 0.1% + 200.0% 41 40
39 Alpine 5 0.1% + 66.7% 45 7 0.1% + 16.7% 43 43
40 Alfa Romeo 4 0.1% – 75.0% 31 49 0.4% + 6.5% 30 29
41 Maserati 4 0.1% – 33.3% 36 15 0.1% – 11.8% 38 38
42 Aston Martin 3 0.1% + 50.0% 44 9 0.1% – 10.0% 40 42
43 Lotus 2 0.0% + 0.0% 41 9 0.1% + 125.0% 42 41
44 Mitsubishi 2 0.0%  n/a 47 4 0.0% n/a 47 61
45 Frankia 2 0.0% new  – 2 0.0% new 50  –
46 Ford (USA) 1 0.0% – 66.7% 39 7 0.1% + 16.7% 44 44
47 Bentley 1 0.0% – 88.9%  – 6 0.0% – 57.1% 45 45
48 Chery 1 0.0% new 50 2 0.0% new 49  –
49 Man 1 0.0% n/a  – 1 0.0% + 0.0% 55 57
50 Cadillac 0 0.0% – 100.0% 42 5 0.0% – 16.7% 46 46
 – Others 22 0.5% n/a  – 38 0.3% n/a  –  –

Source: Statistiques Luxembourg

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