Sales of passenger cars and SUVs in July remained 33% below pre-COVID levels


Madrid

Updated:

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Car sales are still far from recovering to pre-pandemic levels. According to the data provided by the Spanish Association of Automobile and Truck Manufacturers (Anfac), in the accumulated of the year (from January to July), sales of passenger cars and SUVs have fallen 33% compared to the first seven months of 2019. However, if we compare the accumulated of this year with the same period of last year, sales have increased 18.1% to 540,732 units. All this, despite the fact that July 2020 was a good month for the demand ‘dammed’ by the first confinement during which it could not be operated.

From Anfac they have added that passenger car and off-road registrations, register a significant decrease in deliveries with a decrease in sales of 29% to 83,9000 units in relation to July 2020.

If we analyze by channels only the renters have registered growth this July with an increase of 15.3% in deliveries compared to the same month last year. A behavior similar to that of private channel which has fallen by 43.4% to 35,653 units, despite the reduction in Registration Tax.

Regarding the registration of electric, hybrid and gas vehicles (passenger cars, quadricycles, commercial and industrial vehicles and buses) there was a 14% increase in sales in July compared to a year ago, reaching 28,364 units. Of all of them, some 27,454 registrations were passenger cars.

If we analyze the accumulated of the year, these vehicles have doubled their deliveries to 177,379 units. Only in the segment of passenger cars, this growth has been 100% in the first seven months of this year to 169,330 units.

Commercial and industrial vehicles

By type of vehicle, the so-called ‘light commercial vehicles’ 0 of freight transport of up to 3.5 tons, in July they registered 33% fewer registrations (13,738 vehicles) than in 2020 and up to 31% less than in the same month of 2019. All this, while in the accumulated of the year the sales of this type of vehicle (101,811 units) have added an increase of 22% compared to the same period of 2020 although if we go back one more year, the fall is 25%. The setbacks are produced in the three channels, being the autonomous where the losses are more pronounced with 49.7% less sales.

About the registrations of industrial vehicles, buses, coaches and minibuses these have been 14% less in July this year compared to the same month last year (1,548 units). If we consider the accumulated of the year with respect to first seven months of 2020, sales in this segment have once again shown an increase of 20.8% to 13,165 units. Again if we take a look at 2019 levels, sales of this type of vehicle have fallen by 20.5% compared to January-July 2019.

For the Director of Communication of Anfac and spokesperson for this employer’s association, despite the “positive impact of the reduction of the Registration Tax for the remainder of 2021” several factors are “negatively” affecting deliveries of vehicles “especially in the channel of individuals”: the outbreaks, the crisis of the microchips, the lack of stock of vehicles, the economic uncertainty and the confusion that generates what has been called “maximalist proposals of the European Commission”.

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