Monaco 2018. Porsche shines despite market fall of 5.5%

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Monaco auto
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Monaco Auto sales in the 2018, after the previous year’s positive result, dropped down 5.5% recording 3.159 sales. Mercedes kept the leadership for the 5th consecutive year, even if slightly falling 1.2%. Porsche, third in the ranking, showed a fantastic performance (16.5%).

Market Trend

According with data released by the Statistic bureau of the Principality of Monaco, the 2017 had been a record year for the sales of new vehicles, with a total of 3.340, up 10.6% from the previous year.

In the 2018 the market poorly performed, ending up with sales down 5.5% and 3.159 registrations.

 

Competitive Arena

The best selling brand in 2018 was Mercedes with 506 sales (-1,2%) ahead of Audi, poorly performing (-9.3%) with 400, Porsche with 363 – stunning performance of +16.5% – and Smart with 179 (+5.3%).

In fifth place, Land Rover with 174 (-15.1%) followed by BMW with 156 (-17%), Toyota with 145 (+4.3%), Volkswagen with 140 (-15.9%), Fiat with 126 (-27.2%) and in 10th place Mini with 114 (-27.8%).