April 20, 2024

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Cars: Car registrations down 12% in April, affected by economic instability |  Economie

Cars: Car registrations down 12% in April, affected by economic instability | Economie

Car dealership showroom in Terrassa (Barcelona), in a photo from 2021.Christopher Castro

Ukrainian war With the economic uncertainty that led to the recovery from the epidemicstill hits the auto sector, Who lived through March, his worst start to the year in over three decades. And in April, that negative mark was not removed. The 69,111 registrations for passenger cars and SUVs in the fourth month of the year represented a 12.1% decrease compared to April 2021, according to data provided Monday by the sector’s main employers: Anfac (manufacturers), Faconauto (official dealers) and Ganvam (other sellers and workshops). a job). What affected sales the most was the decrease in demand in the rental channel, Those companies working in the field of vehicle leasingwhich registered just over 12,000 registrations, which is 40.6% lower than last year.

On the good (or less bad) news side, April leaves the best monthly number so far this year with nearly 70,000 registrations, and the other two sales channels (individuals and companies) are barely giving up ground in relation to 2021. The first, with nearly 29,000 registration, it is 1.4% below the figure from 12 months ago and in the cumulative figure for the year (adding the first four months registrations) it is 1.3% above 2021 levels. However, in the sector, you feel this demand is not as strong as it should be as a result of the recovery economy after the pandemic. Raul Morales, Director of Communications at Faconacuto, notes that “the families feel that the context, with the economic recovery on hold due to the consequences of the war in Ukraine, is not the best time to buy a car and they are delaying visiting dealers.” In addition, Morales notes in a statement from the three employers: “Holy Week has left fewer days for sale in April.”

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As for companies, they were responsible for 28,111 registrations, 2.9% less than in April 2021. The percentage decrease is roughly the same as that of the annual cumulative figure (-2.8%) for this type of buyer. If all sales channels are taken into account, the sum of the first four months of the year leaves 233,509 records, which is 11.8% less than the first quarter of last year. The heavyweights, again, are the renters who bought 55% fewer cars. Thus, the sector is experiencing a storm as lower demand is boosted by supply problems, according to Anfac Economic Zone Director, Aránzazu Mur. Slow entry of vehicles to points of sale, Because of the microchip crisisand demand increasingly affected by economic uncertainty is making recovery difficult, maintains guidance.

For Tanya Bucci, Director of Communications at Gunfam, the bottlenecks that grip the sector also have environmental consequences. “In a context of short supply, where more cars over 15 years old are sold than new cars, park renovation becomes a key point to promote decarbonization,” Bosch says. In April, 38% of registered vehicles were petrol, versus 34% alternative energy and 28% diesel. Among the alternatives, the vast majority were plug-in hybrids, which account for 24% of total sales. Plug-in hybrid vehicles captured a market share of 5.4%, Pure electricity did not reach 3%. And those powered by gas hardly got close to 2%. In all, 27,702 alternative-energy vehicles registered in the fourth month of the year, an 8.9% increase compared to April 2021. Plug-in hybrids saw the biggest boost compared to 12 months ago, with sales growing 42%.

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By the Autonomous Communities, enrollment decreased in the last month in all of them, with the exception of the islands: in the Balearic Islands they advanced by 36.4% and in the Canary Islands they achieved it by 53.2%. In the rest, year-over-year declines showed highly variable proportions. The smallest (less than two digits) occurred in Castilla y León (-4.9%), Extremadura (-6.4%), Andalusia (-6.5%), Murcia (-7.1%) and the Valencian Community (-7.4%). On the other hand, sales fell 33.8% in Aragon, 28.9% in Navarra, and 28.1% in Asturias.

As for the registration of other types of vehicles, April leaves sweet and bitter sensations. In light commercials, disaster struck at 9,361 registrations, 41% less than last year. The breakdown occurs in all three sales channels, although it is more pronounced in the self-employed (about half) than in companies (-39%) and renters (-35%). However, industrial vehicle and bus registrations grew 8.6% to 1,929. However, the highest percentage increase corresponds to buses and minibuses, which increased sales by more than 80% despite representing a small percentage of the market (213 registrations).