Bloomberg News

D’Ieteren’s Deliveries Rise 14% as Volkswagen Regains Top Spot

January 03, 2012

Jan. 2 (Bloomberg) -- D’Ieteren SA, Belgium’s biggest car dealer, delivered 14 percent more new vehicles last year as Volkswagen AG overtook Renault SA as the top-selling make and buyers rushed to register cars before government incentives for low-emission models expired.

New-car registrations overall in the country advanced 4.5 percent to 572,211, surpassing the previous record of 547,347 set a year earlier, Brussels-based trade group Febiac said today in a statement. D’Ieteren’s share of the registrations widened to 21.9 percent from 20.1 percent a year earlier, Bloomberg News calculations based on Febiac figures showed.

Belgians brought forward purchases of new vehicles before government incentives for low-emission models expired at the end of the year. Febiac estimated the end of the incentives boosted registrations in December by about 20,000 cars, adding that it remains to be seen how a change in taxation of company-fleet cars will affect sales this year. The trade group forecast a “calm” year for private buyers.

“Car sales will be driven primarily by macro-economic conditions, which aren’t very rosy right now,” Febiac said in the statement, without giving a 2012 estimate for the Belgian new-car market. “It is unclear how the higher segments in the fleet market will adapt” to the tax changes.

Following are the market shares of the brands for which D’Ieteren is the exclusive seller in Belgium:

--Editors: Peter Chapman

To contact the reporter on this story: John Martens in Brussels at jmartens1@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net


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