The European car market recorded the highest monthly decline of the last decade in September 2018, as 1.12 million vehicles were registered—343,000 less than in September 2017, according to figures from JATO Dynamics. The drop follows August’s inflated results, which were boosted by an increase in business registrations and stock clearances ahead of the introduction of WLTP on the 1st September. Despite August’s increase and September’s decline, volume was only down 3% between the two months, meaning the year to date figures haven’t been strongly impacted and stand at +2.3%, with 278,000 more registrations than this time last year. The main reason for this decline relates back to the lack of availability of many models, which were not homologated during the month under new WLTP testing procedures. JATO’s analysis of 22 markets (98% of the volume of Europe-27) found a correlation between the availability of WLTP-homologated derivatives and the […]